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Critical Thinking Questions Case 10-2

question 6

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Critical Thinking Questions Case 10-2
You are working for a new real estate agency that is trying to make a name for itself in a community with several agencies in the area already. You are helping to create a new large-scale advertisement that the agency is going to send to select areas around the city, and your boss would like you to explain BorderArt to him. He has never used it before.
Your boss wants to know the advantages of using BorderArt. You tell him BorderArt ____.


Definitions:

Income

The money received, especially on a regular basis, for work or through investments.

Wages

Wages are the compensation paid to employees for their labor, often calculated on an hourly, daily, or piecewise basis.

Inferior Good

A type of good for which demand decreases as the income of the consumer increases, opposite to normal goods.

Quantity Demanded

The total amount of a good or service consumers are willing and able to purchase at a given price level.

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