Find link

language:

Find link is a tool written by Edward Betts.

searching for Inferior good 4 found (25 total)

Income–consumption curve (1,328 words) [view diff] exact match in snippet view article find links to article

the demand for X1 would fall . In that case, X1 would be called an inferior good i.e. demand for good X1 decreases with a rise in income of the consumer

Substitution effect (1,036 words) [view diff] exact match in snippet view article find links to article

allows movement to a higher indifference curve. (In this graph Y is an inferior good since C is to the left of B so Y2 < Ys.) The concept of the elasticity

Émile Armand (2,665 words) [view diff] no match in snippet view article find links to article

put forward and so Armand does not "classify pleasures as superior or inferior, good or bad, useful or harmful, favorable or inconvenient. The ones that

Family economics (5,382 words) [view diff] exact match in snippet view article find links to article

quantity-versus-quality. Without quality, children could be considered an inferior good. However, by definition, there are no close substitutes to children