normal goods
normal goods is the plural of normal good.
Meaning of normal good
Noun
normal good (plural normal goods)
- 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.
Questions about normal goods
- What is normal goods the plural of?
- Normal goods is the plural of normal good.
Words near normal goods in the dictionary
Source and license
Adapted from Wiktionary: normal goods (page history and authors); normal 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.
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Cite this entry: “normal goods.” Word.ws, https://word.ws/normal_goods. Based on Wiktionary, CC BY-SA 4.0.
