Inferior Good

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Definition: Inferior Good

Inferior Good

Quick Summary of Inferior Good

An inferior good is a good whose demand declines as incomes increase.

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https://payrollheaven.com/define/inferior-good/
Modern Language Association (MLA):
Inferior Good. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/inferior-good/.
Chicago Manual of Style (CMS):
Inferior Good. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/inferior-good/ (accessed: April 19, 2024).
American Psychological Association (APA):
Inferior Good. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/inferior-good/

Definition Sources

Definitions for Inferior Good 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 | 0 Views.