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| inferior good definitions | |||
|---|---|---|---|
| # | Definition | Sets | |
| 1 | a good for which, other things equal, an increase in income leads to a decrease in demand | 22 sets | |
| 2 | a good that consumers demand less of when their incomes increase | 19 sets | |
| 3 | a good whose demand curve shifts leftward when the incomes of buyers increase | 5 sets | |
| 4 | a good for which the demand falls as income rises and rises as income falls | 4 sets | |
| 5 | a good that consumers demand less of when their income increases | 4 sets | |
| 6 | when a rise in income decreases the demand for a good | 3 sets | |
| 7 | a good for which the demand increases as income falls and decreases as income rises | 3 sets | |
| 8 | a good for which the demand increases as income falls and decreases as income rises. | 2 sets | |
| 9 | goods whose demand varies inversely with money income | 2 sets | |
| 10 | a good whose demand curve shifts leftward when the incomes of buyers increase. | 2 sets | |
| 11 | good consumers buy less of when income increases | 2 sets | |
| 12 | a good that consumers demand less of when their incomes decrease | 2 sets | |
| 13 | a good the demand for which falls as income rises and rises as income falls | 2 sets | |
| 14 | a good that consumers demand less of when their income increaes | 2 sets | |
| 15 | a good that consumers demand less of when their incomes increase. | 2 sets | |
| 16 | good that consumers demand less of when their income increases | 1 set | |
| 17 | income elasticity < 0; less is demanded as income rises | 1 set | |
| 18 | a good or service whose consumption declines as income rises, prices held constant | 1 set | |
| 19 | good for which the demand falls as income rises and rises as income falls | 1 set | |
| 20 | a good for which, other things equal, an increase in income leads to a decrease in demand. | 1 set | |
| 21 | when income rises, demand falls. when income falls, demand rises. | 1 set | |
| 22 | a good for which quantity demanded decreases as income increases | 1 set | |
| 23 | good whose consumption decreases whn income increases. | 1 set | |
| 24 | a good for which the demand falls as income rises | 1 set | |
| 25 | a good demanded less when income increases | 1 set | |
| 26 | income falls, demand rises (bus) | 1 set | |
| 27 | a good or service for which demand decreases when consumers' incomes increase (and vice versa). eg. generic brands like pams. ey=negative. | 1 set | |
| 28 | if an increase in income results in a reduction in the demand for the good | 1 set | |
| 29 | a good for which an increase in income decreases demand. | 1 set | |
| 30 | [cheaper goods bought] if income falls, demand for rises | 1 set | |
| 31 | a good for which a rise in income decreases the demand for the good | 1 set | |
| 32 | a good for which other things equal, an increase in income leads to a decrease in demand | 1 set | |
| 33 | an increase in income leads to a decrease in demand ex. generic products, spam | 1 set | |
| 34 | income decreases/increases; and demand goes opposite of that (money increases or decreases so, your demand for things will higher or lower depending on the income, becuase it always has to be opposite of it) | 1 set | |
| 35 | a good that consumers demand less or when their incomes increase | 1 set | |
| 36 | demand decreases as income increases | 1 set | |
| 37 | a good whose demand is negatively related to income (negative income elasticity of demand) | 1 set | |
| 38 | a income increases one buys less of this good | 1 set | |
| 39 | a good that consumers demand less of when their income increase. | 1 set | |
| 40 | a good or service whose consumption declines as income rises (and conversely), price remaining constant ex) an inner-city bus service | 1 set | |