Examlex
A(n) _________ is a cell reference that contains both an absolute reference and a relative reference.
A)phantom reference
B)dangling reference
C)symbolic reference
D)pointer reference
Normal Good
A type of good for which demand increases as the income of individuals rises, holding all other factors constant.
Giffen Good
A product for which demand increases as its price increases, contrary to the standard demand model, due to the interplay of income and substitution effects.
Income Effect
The change in an individual's or economy's income and how that change affects the quantity demanded of a good or service.
Price Decrease
A reduction in the cost of a good or service, which can increase consumer demand but may decrease supplier profits.
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