Normal-good Definition
noun
(economics) 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.
Wiktionary
other
Superior good.
Wiktionary
Other Word Forms of Normal-good
Noun
Singular:
normal-goodPlural:
normal goodsFind Similar Words
Find similar words to normal-good using the buttons below.