inferior good

collocation in English

meaningsofinferiorand

These words are often used together. Click on the links below to explore the meanings. Or,see other collocations withgood.
inferior
adjective
uk
/ɪnˈfɪə.ri.ər/us
/ɪnˈfɪr.i.ɚ/
not good, or not as good as someone or ...
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goods
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(Definition ofinferiorandgoodsfrom theCambridge English Dictionary© Cambridge University Press)

Examplesofinferior good

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
As we saw in the bivariate analysis, switching sickness funds is aninferiorgood.
From theCambridge English Corpus
The main result is that switching is aninferiorgood.
From theCambridge English Corpus
Indeed, there are cases where the rich region would prefer to improve the poor region's technology for producing theinferiorgoodrather than its own.
From theCambridge English Corpus
In that case, consumption is aninferiorgood. 11.
From theCambridge English Corpus
The negative coefficient on the wealth index indicates that fuelwood is aninferiorgood, at least in the long term as households build wealth.
From theCambridge English Corpus
This means that switching sickness funds is largely aninferiorgood.
From theCambridge English Corpus
We propose a simple model of international trade between two regions, in which individuals have preferences over aninferiorgoodand a luxury good.
From theCambridge English Corpus
The poor region has a comparative advantage in the production of theinferiorgood.
From theCambridge English Corpus
Given these incentives the rich region has for improving the poor region's technology, we focus on a production structure in which the poor country produces only theinferiorgood.
From theCambridge English Corpus
However, that would imply leisure satiation or leisure as aninferiorgood, which are two extreme cases.
From
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Leisure falls under theinferiorgoodcategory 2.
From
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That means that as the consumer has more income, they will buy less of theinferiorgoodbecause they are able to purchase better goods.
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If the good is an "inferiorgood", then the income effect will offset in some degree the substitution effect.
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It is possible, however, that some avoidance measures are inferior goods so that income effects are negative.
From theCambridge English Corpus
Complicating the matter are the requirements for limited availability of substitutes, as well as that the consumers are not so poor that they can only afford theinferiorgood.
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It was insinuated that they worked with false weightings, provided inferior goods, exploited employees, and demoralised customers.
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Likewise, goods and services used by poor people for which richer people have alternatives exemplify inferior goods.
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Demand for some goods (called inferior goods) decreases with increasing wealth.
From
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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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