The distinction between a normal and an inferior good is ...

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asked Dec 2, 2020 86.1k views

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Mjoppich · Answer 1 · 2020-12-07T23:24:49+0000

When income rises, demand for a normal good will go up and demand for an inferior good will go down (because people would rather spend their extra money on the normal/better products).

The distinction between a normal and an inferior good is ...

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