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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Revision as of 15:58, April 4, 2007
An Inferior Good is a good for which demand decreases when average income increases. Margarine is an example of an Inferior good.