Last Updated
:2025/11/27
normal good
Noun
Japanese Meaning
正常財:所得が増加すると需要が上がり、所得が減少すると需要が下がる財。物価が一定の場合に正の所得弾力性を示す財のことです。
( plural )
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(economics) a good for which demand increases when income increases and falls when income decreases but price remains constant, i.e. with a positive income elasticity of demand.
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normal good
During periods of economic growth, a normal good like fresh fruit sees demand increase as consumers' incomes rise.
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During periods of economic growth, a normal good like fresh fruit sees demand increase as consumers' incomes rise.
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