What does Normal Good mean?
A good for which demand increases as consumer income rises.
Demand for a normal good increases when consumer income increases.
Normal Good in German, French, Spanish and Italian
GermanNormales Gut
also Superiores Gut
Der Regelfall: Mehr Einkommen führt zu mehr Nachfrage.
FrenchBien normal
Bien dont la demande augmente avec le revenu.
SpanishBien normal
Bien cuyo consumo crece a medida que aumenta la renta.
ItalianBene normale
Bene per il quale la domanda aumenta all'aumentare del reddito.
Common phrases with Normal Good
- demand increases normal good
- income rises normal good
- consumer normal good