Inferior good - Revision history

DavidB4-bot: /* top */clean up & uniformity

2016-07-13T14:20:07Z

‎top: clean up & uniformity

SharonW: no need to mention specific products

2011-11-24T01:31:26Z

no need to mention specific products

Jpatt: Reverted edits by Libertas (talk) to last revision by SJames

2011-11-24T00:34:52Z

Reverted edits by Libertas (talk) to last revision by SJames

Libertas at 00:25, November 24, 2011

2011-11-24T00:25:26Z

SJames at 13:12, December 15, 2008

2008-12-15T13:12:43Z

Aschlafly: undeadend

2007-10-02T04:29:57Z

undeadend

Aziraphale: categorize

2007-07-17T00:50:23Z

categorize

Aschlafly at 03:14, February 18, 2007

2007-02-18T03:14:06Z

New page

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!

@@ Line 1: / Line 1: @@
-An inferior good is something that people [[demand]] less of when their [[income]] increases. An example of an inferior [[good]] would be the purchase of generic (or store brand) products. As [[income]] increases, name-brand products (which are typically more expensive) can be purchased.
+An '''inferior good''' is something that people [[demand]] less of when their [[income]] increases. An example of an inferior [[good]] would be the purchase of generic (or store brand) products. As [[income]] increases, name-brand products (which are typically more expensive) can be purchased.
 Inferior goods are therefore said to have a negative income elasticity of demand.
-[[category:economics]]
+[[Category:Economics]]

@@ Line 1: / Line 1: @@
-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 the purchase of generic (or store brand) products. As [[income]] increases, name-brand products (which are typically more expensive) can be purchased.
 Inferior goods are therefore said to have a negative income elasticity of demand.
 [[category:economics]]

@@ Line 1: / Line 1: @@
-An inferior good is something that people [[demand]] less of when their [[intelligence]] increases.  An example of an inferior [[good]] would be Conservapedia for their racism, homophobia and general tongue-bathing of ridiculous far right policies and moral policing.  As one's [[intelligence]] increases, he can realizes something like RationalWiki is far more appropraite to living in reality!
+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!
 Inferior goods are therefore said to have a negative income elasticity of demand.
-[[category:conservative stupidity]]
+[[category:economics]]

@@ Line 1: / Line 1: @@
-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 [[intelligence]] increases.  An example of an inferior [[good]] would be Conservapedia for their racism, homophobia and general tongue-bathing of ridiculous far right policies and moral policing.  As one's [[intelligence]] increases, he can realizes something like RationalWiki is far more appropraite to living in reality!
 Inferior goods are therefore said to have a negative income elasticity of demand.
-[[category:economics]]
+[[category:conservative stupidity]]

← Older revision		Revision as of 13:12, December 15, 2008
Line 1:		Line 1:
	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!
		+
		+	Inferior goods are therefore said to have a negative income elasticity of demand.

	[[category:economics]]		[[category:economics]]

← Older revision		Revision as of 04:29, October 2, 2007
Line 1:		Line 1:
−	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]]

← Older revision		Revision as of 00:50, July 17, 2007
Line 1:		Line 1:
	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]]