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Define, discuss and provide examples for each of the following: Substitutes and complements. Inferior and normal goods. Microeconomics and macroeconomics Elastic and Inelastic Demand.

Define, discuss and provide examples for each of the following:

  1. Substitutes and complements.
  2. Inferior and normal goods.
  3. Microeconomics and macroeconomics
  4. Elastic and Inelastic Demand.

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