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Give an example of inferior goods. - Economic Applications

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Question

Give an example of inferior goods.

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Solution

Toned milk is an example of inferior goods.

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Chapter 1: Elementary Theory of Demand - QUESTIONS [Page 21]

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Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTIONS | Q 4. b | Page 21
Goyal Brothers Prakashan Economic Applications [English] Class 10 ICSE
Chapter 1 Elementary Theory of Demand
QUESTION BANK | Q 9. b | Page 24
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 2 Elementary Theory of Demand
QUESTIONS | Q 4. (ii) | Page 57
Goyal Brothers Prakashan Economics [English] Class 10 ICSE
Chapter 2 Elementary Theory of Demand
QUESTION BANK | Q 8. (ii) | Page 60
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