Home >  Blossary: Microeconomic Terms  >  Term: normal good
normal good

A good for which an increase in income directly relates to an increase in demand for that good.

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  • Μέρος του λόγου: noun
  • Κλάδος/Τομέας: Economy
  • Category: Economics

Microeconomics

Category: Education

Total terms: 20

Δημιουργός

  • Timmwilson
  • (Beijing, China)

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