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Nick has a clear idea of how he intends to design the solution.He has identified the inputs and outputs including the computer components that are required.He is now looking at what the system will do and how it will do it.What are the two dimensions of design he is looking for?
Inferior Good
A type of good whose demand decreases as the income of consumers increases, inverse to normal goods.
Consumer Incomes
The total earnings received by consumers, including wages, salaries, benefits, and other income sources, which affect their purchasing power.
Farm Income
The earnings from agricultural operations, including the sale of crops, livestock, and other farm-related sources.
Farm Household
A living arrangement where families live and work primarily on a farm producing agricultural goods.
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