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  • 16-09-2021
  • Mathematics
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Define nomal goods examples in economics ​

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4631001552 4631001552
  • 16-09-2021

Answer:

A normal good is a good that experiences an increase in its demand due to a rise in consumers' income. Normal goods has a positive correlation between income and demand. Examples of normal goods include food staples, clothing, and household appliances.

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