Examples of 'inferior goods' in a sentence
Meaning of "inferior goods"
inferior goods - This term refers to products or services that experience an increase in demand as consumer income decreases. These goods are typically considered lower quality or less expensive alternatives to superior or premium options
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- plural of inferior good
How to use "inferior goods" in a sentence
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inferior goods
Inferior goods have a negative elasticity of demand.
Cheaper cars are examples of the inferior goods.
These goods are termed inferior goods and these have negative elasticity of demand.
The goods taken should be inferior goods.
They tend to buy more inferior goods when there is a reduction in their income level.
Flashy packages are mostly inferior goods.
Inferior goods like this show up occasionally!
You should not marry inferior goods like me.
I sensed some confusion coming out of the last video on inferior goods.
These are inferior goods.
These importers are flooding the markets with inferior goods.
If the price of inferior goods fall, the demand for them will.
You know those were inferior goods.
Conversely, demand for inferior goods increases when income falls or the economy contracts.
Smithing fell behind in comparison so inferior goods were made.
See also
All Giffen goods are inferior goods, but not all inferior goods are Giffen goods.
Positive for normal goods and negative for inferior goods.
Examples of inferior goods are, Public transport, Street Food etc.
That is the most effective basis by which one determines inferior goods.
It's impossible for this batch of inferior goods to fetch a price of 100 rubies.
The reputation of his own goods will be harmed if the competitor sells inferior goods.
Could cheese and crackers both be inferior goods for Carlos?
And consumers like you and me should stop getting ripped off with inferior goods.
China vows to crack down on fake, inferior goods.
There are two classes of goods in this respect, normal goods and inferior goods.
And goods like this, we call them inferior goods.
That 's why you can only make inferior goods.
When the income rises, consumers buy less of inferior goods.
Quantity demanded and income move in opposite directions, inferior goods have.
Nothing can be made except for genuine use ; therefore no inferior goods are made.
Normal goods have a positive income elasticity of demand, whereas inferior goods have a negative one.
Examples==There are many examples of inferior goods.
Demand went down . And goods like this, we call them inferior goods.
Goods whose demand varies inversely with income are called inferior goods ( e.g. Hamburger Helper ).
I don't want to ruin Takahiro san's bright future. You shouldn't marry inferior goods like me.
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Examples of using Inferior
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You are much inferior than him indeed
Inferior races spread the contagion of communism
We can not afford inferior schools anywhere
Examples of using Goods
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No other dangerous goods were involved in the derailment
Goods input for manufacturing services credit
These expensive goods require a special packaging
