Inexpensive foods like instant noodles, bologna, hamburger, mass-market beer, frozen dinners, and canned goods are additional examples of inferior goods.
22.
He insisted the product being sold actually be superior, and argued that no amount of advertising could move inferior goods.
23.
If the good is an " inferior good ", then the income effect will offset in some degree the substitution effect.
24.
The bulk of the population has to make do with poor service, inferior goods, and monthly salaries that average $ 65.
25.
Sure, they have low prices, but they also have inferior goods, so people may end up spending more in the long run.
26.
Sometimes gold stocks do all right, and sometimes one can make money with stocks of companies that make so-called " inferior goods ."
27.
Karimov stressed the importance of measures to protect the population against inferior goods imported from abroad, blaming them for the loss of jobs.
28.
That means that as the consumer has more income, they will buy less of the inferior good because they are able to purchase better goods.
29.
Figure 3 : with an increase in the income of demand for normal good X 2 rises while, demand for inferior good X 1 falls.
30.
This implies that, good X 1 is an inferior good as the demand for X 1 fell with an increase in the income of the consumer.
