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

normal goods
inferior goods
substitute goods
complementary goods

User Vinay Kushwaha
by
3.2k points

1 Answer

6 votes
6 votes

Answer:

The demand for normal goods rises with consumer income.

User Nadiya
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