What term is defined as goods that consumers demand more of when their incomes rise? normal goods inferior goods substitute goods complementary goods

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asked Jul 16, 2023 113k views

8 votes

What term is defined as goods that consumers demand more of when their incomes rise?

normal goods
inferior goods
substitute goods
complementary goods

Biology
high-school

Hetzbh asked

by Hetzbh

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1 Answer

13 votes

Answer:

The demand for normal goods rises with consumer income.

Naroju answered Jul 21, 2023

by Naroju

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