inferior goods
inferior goods is the plural of inferior good.
Meaning of inferior good
Noun
inferior good (plural inferior goods)
- A good that decreases in demand when consumer income rises; having a negative income elasticity of demand.
- Cheap, low-quality goods (such as canned food) are inferior goods for many people. The more money they have, the less they purchase those goods.
Questions about inferior goods
- What is inferior goods the plural of?
- Inferior goods is the plural of inferior good.
Words near inferior goods in the dictionary
Source and license
Adapted from Wiktionary: inferior goods (page history and authors); inferior good (page history and authors). Text available under the Creative Commons Attribution-ShareAlike 4.0 license. Word.ws reformatted the entry and added links. Wiktionary data of 2026-09-02.
Last updated:
Cite this entry: “inferior goods.” Word.ws, https://word.ws/inferior_goods. Based on Wiktionary, CC BY-SA 4.0.
