Examlex
What is the court's rationale for being reluctant to enforce a contract against a person under the age of 18 years? Do you agree with this rationale? Why or why not?
Inferior Good
A type of good for which demand decreases as the consumer's income increases.
Tuna Fish Sandwiches
A type of sandwich made typically from canned tuna mixed with mayonnaise and other ingredients.
Inferior Goods
Goods for which demand decreases as the income of the consumer increases, inversely related to that of 'normal goods'.
Quantity Demanded
The sum total of a good or service consumers are ready and able to buy at a certain price point.
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