normal good

English - Turkish

Definition of normal good in English Turkish dictionary

(Ticaret) normal mal

Related Terms

normal goods

(Ticaret) standart mal

English - English

Definition of normal good in English English dictionary

A good the demand for which increases as income increases

a good for which demand increases when income rises and decreases when income falls (chapter 3)

a good the consumption of which rises as income rises

A good whose income elasticity of demand is positive, so that an increase in income leads to an increase in consumption of that good

A good that is in greater demand as a result of higher incomes

Any good for which the demand increases as incomes increase

Good for which demand increases when income rises

A good for which an increase in income increases demand

merchandise that has increased demand when income rises

Hyphenation

nor·mal good

Turkish pronunciation

nôrmıl gîd

Pronunciation

/ˈnôrməl gəd/ /ˈnɔːrməl ɡɪd/