WHICH OF THE FOLLOWING IS NOT A NORMAL GOODS
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macaroni and cheese, is not a normal good.
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Inferior Goods and Normal Goods
Inferior goods are the opposite of normal goods. Inferior goods are goods that see their demand drop as consumers' incomes rise. In other words, as an economy improves and wages rise, consumers would rather have a more costly alternative than inferior goods.Branded clothes, full-cream milk, cars, flat-screen TV. Coarse cloth, toned milk, bicycles, black & white TV.
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