what are inferior goods? These are goods

a

that are generally in short supply

b

that are no longer in demand

c

whose demand falls as income increase

d

whose price falls as demand increases

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c

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Bella06
3 years ago

Inferior goods as the name implies are goods that are inferior in nature e.g garri. So once the income and standard of living of their users increases, they tend to buy less or even none of these goods thereby leading to a fall in demand

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