Whether a good is inferior or normal depends on the consumer's income level. As income rises, demand for inferior goods falls while demand for normal goods rises. A good considered inferior by a high-income consumer may be normal for a lower-income consumer, so the classification depends on income of the consumer.
A good that is considered to be inferior to a consumer, may be observed as normal good to the another consumer. This is due to
CUET UG 2023 — Economics Micro
A good that is considered to be inferior to a consumer, may be observed as normal good to the another consumer. This is due to
Verified 13 Jul 2026.
Options
- A
Quality of the consumer
- B
Income of the consumer
- C
Quantity of the consumer
- D
Producer of the good
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