Examlex
Decreasing the voltage decreases the force that moves the electrons along an electrical conductor BECAUSE amperage is the measurement of the number of electrons flowing in an electrical circuit.
Inferior Goods
A good that has a negative income elasticity, so that as consumer income rises, the demand for the good falls.
Normal Goods
Goods for which demand increases as the income of individuals increases.
Demand Curve
A graphical representation of the relationship between the price of a good or service and the quantity demanded for a given period.
Normal Goods
Goods for which demand increases when income increases, and falls when income decreases, but price remains constant.
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