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An example of procedural rules for families is:
Normal Good
An item whose demand escalates as the income of consumers increases, and contracts when their income decreases.
Successively Less
Refers to a situation or process where there is a gradual decrease in quantity, quality, or intensity over time.
Satisfaction
A measure of how goods, services, or outcomes meet or exceed expectations, often related to customer or user experience.
Land Market
The input/factor market in which households supply land or other real property in exchange for rent.
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