Examlex
This graph shows one consumer's demand for ice cream at the student union:
An increase in the number of students enrolled on this campus will
Inferior Good
A type of good for which demand decreases as the income of consumers increases, opposite to normal goods.
Complements
Complements are goods or services that are used together, so that the consumption or use of one increases the demand for the other.
Durable Good
A type of good that does not quickly wear out and is capable of being used for a period of time, often years, before needing replacement.
Automobile
A wheeled motor vehicle used for transportation, typically powered by an internal combustion engine or electric motor.
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