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The Canadian Centre on Substance Abuse (2006) Data Shows That

question 19

Multiple Choice

The Canadian Centre on Substance Abuse (2006) data shows that _______ accounts for 43% of all substance related costs, whereas ___________ and ________ account for 37% and 20.7% respectively


Definitions:

Inferior Good

A type of good for which demand decreases as the income of individuals increases, in contrast to normal goods.

Rational Consumer

An economic concept where consumers aim to maximize their utility or satisfaction from their available resources.

Demand for Good

The quantity of a particular good or service that consumers are willing and able to purchase at various prices during a specified time period.

Square Feet

A unit of area measurement equivalent to the area of a square with sides of one foot in length.

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