If fast food is an inferior good then:
A. the demand for fast food will fall as income rises.
B. the demand for fast food will fall as income falls.
C. the quantity of fast food demanded will rise as the price of fast food rises.
D. the demand for fast food will fall as the price of fast food rises.
Answer: A
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a. True b. False Indicate whether the statement is true or false
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a. True b. False Indicate whether the statement is true or false
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