Siteadmin, Bureaucrats, Check users, nsAm_Govt_101RO, nsAm_Govt_101RW, nsAm_Govt_101_ta, nsJudgesRO, nsJudgesRW, nsJudges_talkRO, nsJudges_talkRW, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, oversight, Administrators
125,789
edits
Changes
Jump to navigation
Jump to search
Line 1:
Line 1: − +
undeadend
An inferior good is something that people demand less of when their income increases. An example of an inferior good would be White Castle for their cheap hamburgers. As one's income increases, he can afford McDonalds!
An inferior good is something that people [[demand]] less of when their [[income]] increases. An example of an inferior [[good]] would be White Castle for their cheap hamburgers. As one's [[income]] increases, he can afford McDonalds!
[[category:economics]]
[[category:economics]]