Examlex
The central nervous system includes the brain,spinal cord,and autonomic nerves.
Inferior Good
A type of good for which demand decreases as the income of the consumer increases.
Demand Curves
A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers.
Holding Constant
A method in analysis where specific variables are kept unchanged to isolate the effects of other variables.
Substitute Good
A product or service that can be used in place of another to satisfy similar needs or wants, thereby affecting its demand.
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