inferior goods वाक्य
उदाहरण वाक्य
मोबाइल
- They contend that they contracted for the finest craftsmanship and materials but were stuck with inferior goods and shoddy work, and that the contractor knew the roof was inadequate just after the job was done.
- When income increases, the demand curve for normal goods shifts outward as more will be demanded at all prices, while the demand curve for inferior goods shifts inward due to the increased attainability of superior substitutes.
- As a rule, these goods are affordable and adequately fulfill their purpose, but as more costly substitutes that offer more pleasure ( or at least variety ) become available, the use of the inferior goods diminishes.
- As a rule, used and obsolete goods ( but not antiques ) marketed to persons of low income as closeouts are inferior goods at the time even if they had earlier been normal goods or even luxury goods.
- Instead of offering cheaply made, inferior goods, as other retail department stores often did, the Ayres concept sold lower-priced goods that served as an entry point for less-affluent customers until they could afford full-priced goods on the upper floors.
- When the good is neither a normal good nor an inferior good, or when there are no income effects for the good, then EV ( Equivalent variation ) = CV ( Compensating Variation ) = ?CS ( Change in Consumer Surplus)
- Since the existence of Giffen goods outside the realm of economic theory is still contested, the pairing of Giffen goods with ordinary goods has gotten less traction in economics textbooks than the pairing normal good / inferior good used to distinguish responses to income changes.
- U . S . companies lose billions of dollars a year to counterfeiters who produce a wide range of inferior goods, including auto and airplane parts, condoms, clothing, baby formula, toys, birth-control pills and other drugs, said Sen . Orrin Hatch, committee chairman and author of the bill.
- He realized early on that George W . Bush was " inferior goods in a shiny package . " By invading Iraq with too few forces and without the United Nations'blessing, by arriving with no exit strategy, the Bush administration squandered America's international good will and also made the U . S . more vulnerable, he said.
- That is to say, a luxury good may become a normal good or even an inferior good at different income levels, e . g . a wealthy person stops buying increasing numbers of luxury cars for his or her automobile collection to start collecting airplanes ( at such an income level, the luxury car would become an inferior good ).
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