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Meaning of normal good | Babel Free

Noun CEFR B2

Definitions

a good for which demand increases when income increases and falls when income decreases but price remains constant, i.e. with a positive income elasticity of demand.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

normal histology normal hydrogen normal hydrogen electrode Normal Island normal lens normal mode

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