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You have found data that indicates that the income elasticity of demand for generic (unbranded) shampoo is -0.7. You should conclude that generic shampoo:

You have found data that indicates that the income elasticity of demand for generic (unbranded) shampoo is -0.7. You should conclude that generic shampoo:
A.is a normal good.
B.is below its equilibrium price.
C.is an inferior good.
D.has inelastic demand.
正确答案:is an inferior good.