AP ECONOMICS CHAPTER 3 STUDY GUIDE TB2

C) average goods. D) normal goods. 14. For some commodities, purchases tend to decrease as the buyer's income increases. Such commodities are known as: A) common goods. B) inferior goods. C) inverse goods. D) normal goods. 15. If two goods are close substitutes: A) an increase in the price of one will decrease the demand for the other. ................
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