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Business, 28.01.2020 20:41 ineedhelp2285
As the average income in china continues to increase, explain how the following will change: a. the demand for beef b. the demand for rice as the average income in china continues to increase, we would expect the demand for beef to and the demand for rice to a. decrease if beef is a normal good; increase if rice is an inferior good b. not change; not change because people need to eat regardless of their income c. increase if beef is a normal good; decrease if rice is an inferior good d. increase; increase because the demand for any good increases when income increases
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As the average income in china continues to increase, explain how the following will change: a. the...
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