Inferior Goods: Difference between revisions
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(Created page with "{{Learning concept |Description=Goods of which the consumer purchases less with an increase in income. }}") |
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{{Learning concept | {{Learning concept | ||
|Description=Goods of which the consumer purchases less with an increase in income. | |Description=Goods of which the consumer purchases less with an increase in income. | ||
|Wikipedia reference=http://en.wikipedia.org/wiki/Inferior_good | |||
}} | }} |
Latest revision as of 14:58, 31 March 2014
Description
Goods of which the consumer purchases less with an increase in income.
Concept Prerequisite
Wikipedia Reference
http://en.wikipedia.org/wiki/Inferior good
Learning Material
Covered in Topic(s)
Demand Theory |