|
|
Definition of Inferior good
1. Noun. (economics) a good that decreases in demand when consumer income rises; having a negative income elasticity of demand. ¹
¹ Source: wiktionary.com
Lexicographical Neighbors of Inferior Good
Other Resources:
|
|
1. Noun. (economics) a good that decreases in demand when consumer income rises; having a negative income elasticity of demand. ¹
¹ Source: wiktionary.com