MCQ
Inferior goods are those whose income effect is:
- ✓negative
- Bpositive
- Czero
- Dnone of these
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| Commodities | A | B | C | D | E |
| Price (2000) (Rs) | 100 | 80 | 160 | 220 | 40 |
| Price (2005) (Rs) | 140 | 120 | 180 | 240 | 40 |
| Price (₹) | Quantity Demanded (Units) | Quantity Supplied (Units) |
| 5 | 100 | 500 |
| 4 | 200 | 400 |
| 3 | 300 | 300 |
| 2 | 400 | 200 |
| 1 | 500 | 100 |