An inferior good in economics refers to a type of good whose demand decreases as consumer income rises, and vice versa. This contrasts with normal goods, where demand increases with rising income. An ...

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. A retailer brought ...

The current economic crisis is creating a “new normal” in consumer buying habits. Before the recent downturn, when consumers tried to save money, they traded down from branded products to ...

Inferior Goods is an English word that is used in many sentences in different contexts. Inferior Goods meaning in Urdu is a ادنیٰ اشیاء - Adna ashya. Inferior Goods word is driven by the English ...

The Director General of the Standards Organisation of Nigeria expressed concern over the increasing influx of counterfeit and substandard goods in Nigeria by economic saboteurs Despite SON’s efforts ...

Nongshim, the nation's biggest snack maker, might be hoping the financial crisis continues, since it's been yielding greater profits during the economic downturn. According to Samsung Securities, ...

Steven Nickolas is a writer and has 10+ years of experience working as a consultant to retail and institutional investors. Robert Kelly is managing director of XTS Energy LLC, and has more than three ...