Examlex
Practitioners who work with children must have a solid understanding of child development and be knowledgeable about the physical, cognitive, and psychological milestones for each stage of maturation.
Alfred Marshall
A prominent British economist known for his work in microeconomics and for developing the concept of price elasticity of demand.
Economist
A professional in the social science discipline of economics, specializing in the analysis and interpretation of economic phenomena.
Demand and Supply
Fundamental economic concepts representing the quantity of a good or service consumers are willing and able to purchase and the quantity offered by sellers.
Inferior Good
An inferior good is a type of good whose demand decreases when consumer income rises, unlike normal goods, for which the opposite is observed.
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