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What is the first structure to intercept light as it enters the eye?
Inferior Goods
Goods for which demand decreases as the income of the consumer increases, inversely related to that of 'normal goods'.
Quantity Demanded
The sum total of a good or service consumers are ready and able to buy at a certain price point.
Movement Along
Describes the change in quantity demanded or supplied of a good in response to a change in price, as shown on a graph.
Demand Curve
Graphical representation showing how the quantity demanded of a commodity varies with changes in its price.
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