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Mike purchases fewer boxes of cookies when his income falls. Cookies must be
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Mar 27, 2024
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Mike purchases fewer boxes of cookies when his income falls. Cookies must be
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high-school
Ludlow
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ANSWER: They are a Normal good.
Normal goods are often purchased less in favor of inferior goods when income falls. when income rises it's reversed, You will buy more normal goods then inferior goods!
Goppinath
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Apr 2, 2024
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