Definitions from Wiktionary (normal good)
▸ noun: (economics) a good for which demand increases when income increases and falls when income decreases but price remains constant, i.e. with a positive income elasticity of demand.
▸ Words similar to normal good
▸ Usage examples for normal good
▸ Idioms related to normal good
▸ Wikipedia articles (New!)
▸ Words that often appear near normal good
▸ Rhymes of normal good
▸ Invented words related to normal good
▸ noun: (economics) a good for which demand increases when income increases and falls when income decreases but price remains constant, i.e. with a positive income elasticity of demand.
Similar:
inferior good,
public good,
positional good,
merit good,
common good,
income elasticity of demand,
private good,
demerit good,
Engel curve,
substitute good,
more...
Opposite:
▸ Words similar to normal good
▸ Usage examples for normal good
▸ Idioms related to normal good
▸ Wikipedia articles (New!)
▸ Words that often appear near normal good
▸ Rhymes of normal good
▸ Invented words related to normal good