English
a guide for that
New Course
Concept
Follow
Normal Goods
0
Summary
Normal goods are products for which demand increases as consumer income rises, reflecting a direct relationship between income and demand. These goods are contrasted with inferior goods, where demand decreases as income increases.
Relevant Degrees
Economic Theory and Concepts 60%
Economic Planning and Policy 40%
Start Learning Journey
Concepts
Suggested Topics
Foundational Courses
Activity
Search Concepts...
Search Concepts...