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Define and give an example in our current economy do you

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What are "normal" goods? Define and give an example in our current economy. What are "inferior" goods? Define and give an example in our current economy. Do you think luxury goods have more elastic or inelastic demand? Explain in 150 words.

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Microeconomics: Define and give an example in our current economy do you

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Microeconomics: Define and give an example in our current economy do you

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