superior good
superior good noun: a good that makes up a larger proportion of consumption as income rises, having income elasticity greater than one.
Noun
superior good (plural superior goods)
- A good that makes up a larger proportion of consumption as income rises, having income elasticity greater than one.
Forms of superior good
| plural | superior goods |
|---|
Questions about superior good
- What does superior good mean?
- Superior good means a good that makes up a larger proportion of consumption as income rises, having income elasticity greater than one.
- What part of speech is superior good?
- Superior good is a noun.
- What is the plural of superior good?
- The plural of superior good is superior goods.
Words near superior good in the dictionary
Source and license
Adapted from Wiktionary: superior 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: “superior good.” Word.ws, https://word.ws/superior_good. Based on Wiktionary, CC BY-SA 4.0.
