English Explanatory Dictionary

superior good

English dictionary entry

Meanings

noun
  1. A good that makes up a larger proportion of consumption as income rises, having income elasticity greater than one.

Word forms

superior good superior goods

Related words

luxury good
This entry uses open data from Wiktionary (CC BY-SA/GFDL). Word forms are used for search and are not indexed as separate pages.
Back to search All on S Russian dictionary Dahl dictionary