Examlex
How do the Chipewyan women combine hunting with the restrictions of child care?
Inferior Good
A type of good whose demand decreases when consumer incomes increase.
Normal Good
An item that sees a rise in desire when the income of buyers increases, and experiences a decline in demand when the income of buyers drops.
Consumer Expectations
Anticipations of future prices, product quality, or available services that influence consumer decisions on spending and saving.
Normal Goods
Goods for which demand increases as consumer income rises, making them positively correlated with income changes.
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