When will a good be called inferior or normal explain by giving an exa – InterviewSolution

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1.	When will a good be called inferior or normal explain by giving an example
Answer» SOMETHING as SIMPLE as fast food may be CONSIDERED an inferior good in the U.S., but it may be deemed a normal good for people in developing nations. A normal good is one whose demand increases when people's incomes start to increase, giving it a POSITIVE income elasticity of demand

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