Independent Goods

Business, Legal & Accounting Glossary

Definition: Independent Goods


Quick Summary of Independent Goods


Independent goods are goods for which no price-and-demand relationship exists relative to each other. As one good’s price changes, the other good’s demand is unaffected.




Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/independent-goods/
Modern Language Association (MLA):
Independent Goods. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 22, 2021 https://payrollheaven.com/define/independent-goods/.
Chicago Manual of Style (CMS):
Independent Goods. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/independent-goods/ (accessed: September 22, 2021).
American Psychological Association (APA):
Independent Goods. PayrollHeaven.com. Retrieved September 22, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/independent-goods/

Definition Sources


Definitions for Independent Goods are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th August, 2021 | 5 Views.