Block, SkipCaptcha, apieditor, Automoderated users, Bots, edit, ratelimit-exempt
58,183
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − +
→top: clean up & uniformity
A '''superior good''' is the same as a [[normal good]]: its consumption increases as money income increases, assuming the price of the good remains constant. Conversely, the consumption of a superior good decreases as money income of consumers decreases. Consumer goods are usually normal or superior.
A '''superior good''' is the same as a [[normal good]]: its consumption increases as money income increases, assuming the price of the good remains constant. Conversely, the consumption of a superior good decreases as money income of consumers decreases. Consumer goods are usually normal or superior.
[[category:economics]]
[[Category:Economics]]