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Normal Good
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Normal Good
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Normal Good
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Normal Good
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Normal Good
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You Wearing
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5:56
Khan Academy
Sal Khan
Normal goods vs. inferior goods
We examine the concept of demand curves for two different products: a laptop and a cheap car. We see how changes in income can affect demand, with the laptop being a "normal good" (demand increases as income increases) and the cheap car being an "inferior good" (demand decreases as income increases).
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