A product that enjoys rapidly growing demand over time is likely to be
A. | an inferior good. |
B. | a noncyclical normal good. |
C. | a cyclical normal good. |
D. | neither a normal nor an inferior good. |
Answer : C Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |