Inferior good: Difference between revisions
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''Economics''. | ''Economics - elasticity''. | ||
A product for which quantity demanded decreases as income increases. | A product for which quantity demanded decreases as income increases. | ||
== See also == | == See also == | ||
* [[Elasticity]] | |||
* [[Income elasticity of demand]] | |||
* [[Luxury good]] | |||
* [[Necessity]] | |||
* [[Normal good]] | * [[Normal good]] | ||
[[Category:The_business_context]] | |||
Latest revision as of 09:23, 8 April 2021
Economics - elasticity.
A product for which quantity demanded decreases as income increases.
