Inferior Good
Consumer choice, Normal good, Indifference curve
978-613-7-21484-8
6137214842
60
2011-10-01
29.00 €
eng
https://images.our-assets.com/cover/230x230/9786137214848.jpg
https://images.our-assets.com/fullcover/230x230/9786137214848.jpg
https://images.our-assets.com/cover/2000x/9786137214848.jpg
https://images.our-assets.com/fullcover/2000x/9786137214848.jpg
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. In consumer theory, an inferior good is a good that decreases in demand when consumer income rises, unlike normal goods, for which the opposite is observed. Normal goods are those for which consumers' demand increases when their income increases. Inferiority, in this sense, is an observable fact relating to affordability rather than a statement about the quality of the good. As a rule, too much of a good thing is easily achieved with such goods, and 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.
https://morebooks.de/books/cn/published_by/miss-press/189859/products
经济学
https://morebooks.de/store/cn/book/inferior-good/isbn/978-613-7-21484-8