Superior good
This is an old revision of this page, as edited by Timothyjones (talk | contribs) at 16:59, December 25, 2009. It may differ significantly from current revision.
A superior good is the same as a normal good: its consumption increases as money income increases, assuming the price of the good remains constant. Conversely, the consumption of a superior good decreases as money income of consumers decreases. Consumer goods are usually normal or superior.
