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Yes, a normal good is a good that's demand increases as your income increases, an inferior good is a good that's demand decreases when income increases. An example of a normal good, is easy to find, most goods are normal, meaning you want more of them when you have more money. An inferior good is something like fast food, as you earn more income, you will usually demand less of it.
inferior
they can be a normal good ou inferior good its depend where has more demand.
no
If the income elasticity of demand is negative for both goods, then they are both not inferior goods.
macaroni and cheese, generic cereal, and used cars
Yes, a normal good is a good that's demand increases as your income increases, an inferior good is a good that's demand decreases when income increases. An example of a normal good, is easy to find, most goods are normal, meaning you want more of them when you have more money. An inferior good is something like fast food, as you earn more income, you will usually demand less of it.
An example of an inferior good might be a dented can of food. This type of item is usually sold at a discount because it is not in perfect condition.
Depends what you consider a good example.
Something round, normally green, red or yellow. It is a fruit that can have a bitter taste(depends on the type). Most consider it the fruit of america.
inferior
Being good in something is playing a part. When your good at something, it means your actually doing something, for example, good at Baseball, good in a play.
they can be a normal good ou inferior good its depend where has more demand.
Being good in something is playing a part. When your good at something, it means your actually doing something, for example, good at baseball, good in a play.
Inferior goods are goods that the consumer in a sense does not need to continue using. In other words, he buys it because it's cheap. So if the price increases, he will find the next cheapest item and switch to it. Also, if your income rises, you may feel that the inferior good is "too cheap" for you and switch to something more expensive. As an example, you buy Internet from Verizon because of the cheap cost. If Verizon raises their rates, then you may switch to Comcast.
Al-Zawahiri is not a good example of Islam leaders to consider his views.
no