Difference between revisions of "Inferior Good"
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(New page: An '''Inferior Good''' is a good for which demand decreases when average income increases. Margarine is an example of an Inferior good. Category:Economics) |
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| − | An '''Inferior Good''' is a good for which demand decreases when average income increases. Margarine is an example of an Inferior good. | + | An '''Inferior Good''' is a good for which [[demand]] decreases when average income increases. Margarine is an example of an Inferior good. |
[[Category:Economics]] | [[Category:Economics]] | ||
Revision as of 15:26, October 1, 2007
An Inferior Good is a good for which demand decreases when average income increases. Margarine is an example of an Inferior good.