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Normal good Uncommon

Definition, synonyms and related words

Definitions
Noun
1

a good for which demand increases when income increases and falls when income decreases but price remains constant, i.e. with a positive income elasticity of demand.

Related Terms
Rhyming Words
ood mood wood hood sood pood good rood nood food dood bood stood blood drood ghood frood flood agood snood
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