Examlex
Which of the following supports the idea that the prices of similar products in different countries should be about the same?
Inferior Good
A type of good for which demand decreases as the income of consumers increases, inversely related to the consumer's income.
Complementary Good
A product that is consumed with another product, where demand for one increases demand for the other.
Normal Good
A good for which demand increases as the income of consumers increases.
Supply Curve
The supply curve is a graphical representation showing the relationship between the quantity of a good that producers are willing to sell and the price of the good.
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