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Explain the difference between a normal good and an inferior good.

Explain the difference between a normal good and an inferior good.

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Difference between a... View the full answer

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An inferior good refers to a type of good that decreases in demand when income rises. Conversely, demand for these goods will... View the full answer

the difference between a normal good... View the full answer

1 comment
  • Good luck.........
    • ombatied
    • May 02, 2018 at 6:09pm

The solution is... View the full answer

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