On an indifference map, if the income consumption curve slopes downwards to the right it shows that
A. | Both X and Y are superior goods |
B. | Y is an inferior good |
C. | X is an inferior good |
D. | Both X and Y are inferior goods |
Answer : B 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. |