Examlex
Give the major product for the following reaction.
Demand
The capacity for purchasing goods or services that people demonstrate readiness and financial ability for, at diverse price levels, during a certain timeframe.
Law Of Demand
The economic principle stating that as the price of a good or service increases, consumer demand for the good or service will decrease, and vice versa.
Income Increases
A situation wherein individuals or entities experience a rise in their earnings or profits over a certain period.
Inferior Good
A type of good for which demand decreases as the income of consumers increases, in contrast to a normal good.
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