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- Inferior_good abstract "In economics, an inferior good is a good that decreases in demand when consumer income rises (or rises in demand when consumer income decreases), unlike normal goods, for which the opposite is observed. Normal goods are those for which consumers' demand increases when their income increases. This would be the opposite of a superior good, one that is often associated with wealth and the wealthy, whereas an inferior good is often associated with lower socio-economic groups.Inferiority, in this sense, is an observable fact relating to affordability rather than a statement about the quality of the good. As a rule, these goods are affordable and adequately fulfill their purpose, but as more costly substitutes that offer more pleasure (or at least variety) become available, the use of the inferior goods diminishes.Depending on consumer or market indifference curves, the amount of a good bought can either increase, decrease, or stay the same when income increases.".
- Inferior_good thumbnail Inferior_good.png?width=300.
- Inferior_good wikiPageID "367831".
- Inferior_good wikiPageRevisionID "603596781".
- Inferior_good hasPhotoCollection Inferior_good.
- Inferior_good subject Category:Goods.
- Inferior_good type Abstraction100002137.
- Inferior_good type Advantage105155821.
- Inferior_good type Asset105154517.
- Inferior_good type Attribute100024264.
- Inferior_good type Good105159725.
- Inferior_good type Goods.
- Inferior_good type Quality104723816.
- Inferior_good comment "In economics, an inferior good is a good that decreases in demand when consumer income rises (or rises in demand when consumer income decreases), unlike normal goods, for which the opposite is observed. Normal goods are those for which consumers' demand increases when their income increases.".
- Inferior_good label "Bem inferior".
- Inferior_good label "Bien inferior".
- Inferior_good label "Dobra podrzędne".
- Inferior_good label "Inferieur goed".
- Inferior_good label "Inferior good".
- Inferior_good label "Inferiores Gut".
- Inferior_good label "Неполноценные блага".
- Inferior_good label "低档商品".
- Inferior_good sameAs Méněcenný_statek.
- Inferior_good sameAs Inferiores_Gut.
- Inferior_good sameAs Bien_inferior.
- Inferior_good sameAs Barang_inferior.
- Inferior_good sameAs 열등재.
- Inferior_good sameAs Inferieur_goed.
- Inferior_good sameAs Dobra_podrzędne.
- Inferior_good sameAs Bem_inferior.
- Inferior_good sameAs m.02050x.
- Inferior_good sameAs Q588065.
- Inferior_good sameAs Q588065.
- Inferior_good sameAs Inferior_good.
- Inferior_good wasDerivedFrom Inferior_good?oldid=603596781.
- Inferior_good depiction Inferior_good.png.
- Inferior_good isPrimaryTopicOf Inferior_good.