Daffodil International University

Faculties and Departments => Business & Entrepreneurship => Topic started by: Md. Alamgir Hossan on April 15, 2017, 04:52:23 PM

Title: Inferior good
Post by: Md. Alamgir Hossan on April 15, 2017, 04:52:23 PM
An inferior good means an increase in income causes a fall in demand. It has a negative. An example, of an inferior good is Tesco value bread. When your income rises you buy less Tesco value bread and more high quality, organic bread.