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definition:goods that consumers demand more of as their income rises and less of as their income falls.
- Ex. Name brand goods, new cars, combos at a restaurant connected key terms: inferior goods
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▪ number 5 at mcdonalds ▪ tarte makeup |
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definition:goods that consumers demand more of as their income rises and less of as their income falls.
- Ex. Name brand goods, new cars, combos at a restaurant connected key terms: inferior goods
|
▪ number 5 at mcdonalds ▪ tarte makeup |