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Which of the following is most likely an inferior good? A. Rolex watches. B. Nike running...

Which of the following is most likely an inferior good?

A.

Rolex watches.
B.

Nike running shoes.
C.

Generic canned food.
D.

A custom-built mansion.
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Answer #1

Answer option C ) Generic canned food

It is most likely inferior good as compared to others like nike shoes, Rolex watch, custom made mansion

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