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Which approach uses introspection as a method of investigation?
Firm
A business enterprise or establishment engaged in commercial, industrial, or professional activities.
Normal Good
A type of good for which demand increases when consumer income rises, and falls when consumer income decreases.
Demand Shift
A change in the quantity demanded at every price point, often caused by factors like consumer preferences, income, and price of related goods.
Quantity Demanded
The cumulative quantity of a product or service that buyers are ready and capable of buying at a specific price.
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