Home / Dictionary / Inferior good

Inferior good Uncommon

Definition, synonyms and related words

Definitions
Noun
1

a good that decreases in demand when consumer income rises; having a negative income elasticity of demand.

Related Terms
Rhyming Words
ood mood wood hood sood pood good rood nood food dood bood stood blood drood ghood frood flood agood snood
Compare
Inferior good vs