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In Economics, a normal good is one where an increase in income levels causes an increase in demand (and vice versa) despite the price of the good remaining the same.
One such example would be movie tickets: people see more movies when they have more disposable income, and cut back when they're on a budget.
What else can I help you with?
Examples of normal force?
gravity...
What are some examples of normal hair colors?
Some examples of normal hair colors include black, brown, blonde, and red.
Real world examples of normal distribution?
normal_distribution
Can one normal good be a substitute for another normal good?
yes
What is good against normal Pokemon?
fighting is good against normal Pokemon
Is Chinese good bad or normal?
normal
Can you give me 5 examples of solids?
wood metal at normal temp plastic at normal temp ice lead
What are some good examples of incontrovertible systems?
There are several good examples of incontrovertible systems. A good examples of incontrovertible systems should be camera systems, or recorded systems.
Discuss the following concepts of normalization with examples need for normalization first normal form second normal form third normal form?
discussed
Does this means that all symmetric distribution are normal Explain?
Don't know what "this" is, but all symmetric distributions are not normal. There are many distributions, discrete and continuous that are not normal. The uniform or binomial distributions are examples of discrete symmetric distibutions that are not normal. The uniform and the beta distribution with equal parameters are examples of a continuous distribution that is not normal. The uniform distribution can be discrete or continuous.
Are chips and salsa an inferior or normal good?
they can be a normal good ou inferior good its depend where has more demand.
Examples for normal goods?
Normal goods can be any goods that increase in demand when income increases and fall when price stays consistent but income falls. Examples of normal goods includes branded fashions, cars, and high-technology products like computers.
