Examlex
Draw an appropriate Venn diagram and use the given information to fill in the number of elements in each region.
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Complement
A good whose demand increases when the price of another good decreases. Examples include a parking lot and shopping mall or a hamburger and a hamburger bun.
Demand Curve
A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at various price levels.
Normal Good
A type of good for which demand increases as the income of the consumer increases, reflecting a direct relationship between income and demand.
Inferior Good
A type of good whose demand decreases as the consumer's income increases, opposite to normal goods.
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