Examlex
At what rate is the diagonal of a cube increasing if its edges are 2 inches and are increasing at a rate 3 inches per minute?
Economic Upturn
A period of economic improvement characterized by higher levels of production, employment, and income.
Consumer Income
The total earnings of a consumer from various sources before taxes, crucial in determining spending and saving behaviors.
Normal Good
A good for which demand increases as consumer income rises.
Inferior Good
A type of good for which demand decreases as the income of consumers increases, inversely related to income changes.
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