Normal Good

From Conservapedia
This is an old revision of this page, as edited by SharonS (talk | contribs) at 15:45, April 4, 2007. It may differ significantly from current revision.
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

A Normal good is a good for which demand increases when average income increases. The majority of goods are normal goods, while only a few are Inferior Goods.