Business, 12.02.2020 02:19 paige1616

Suppose French chocolate soufflé is an inferior good. When income increases and the number of producers in the market decreases .a) The equilibrium price of French chocolate soufflé falls and the equilibrium quantity of French chocolate soufflé rises b) The equilibrium price of French chocolate soufflé falls and the equilibrium quantity of French chocolate soufflé may rise or fall c) The equilibrium price of French chocolate soufflé falls and the equilibrium quantity of French chocolate soufflé falls

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Suppose French chocolate soufflé is an inferior good. When income increases and the number of produc...

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