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Solve clearly, explanation is more important, don't copy.
1) Which of the following would cause an increase in demand for flip flops, which are an inferior good?
A. An increase in incomes
B. A decrease in the price of flip flops
C. An increase in the price of sandals, a substitute good for consumers
D. An improvement in the technology of manufacturing flip flops
This is a four-part question relating to factor markets and unemployment in LDCs:
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