More cards in this set

Card 6

Front

Normal necessities, YED is?

Back

Preview of the front of card 6

Card 7

Front

Luxury normal goods and services, YED is?

Back

Preview of the front of card 7

Card 8

Front

Normal goods have a positive YED, which means?

Back

Preview of the front of card 8

Card 9

Front

What are inferior goods?

Back

Preview of the front of card 9

Card 10

Front

Give an example of an inferior good?

Back

Preview of the front of card 10