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- Ordinary_good abstract "An ordinary good is a microeconomic concept used in consumer theory. It is defined as a good which creates increased demand when the price for the good drops or conversely decreased demand if the price for the good increases, ceteris paribus. It is the opposite of a Giffen good. Since the existence of Giffen goods outside the realm of economic theory is still contested, the pairing of Giffen goods with ordinary goods has gotten less traction in economics textbooks than the pairing normal good/inferior good used to distinguish responses to income changes. The usage of "ordinary good" is still useful since it allows a simple representation of price and income changes. A normal good is always ordinary, while an ordinary good can be normal, inferior or sticky.".
- Ordinary_good wikiPageID "5283781".
- Ordinary_good wikiPageLength "1645".
- Ordinary_good wikiPageOutDegree "18".
- Ordinary_good wikiPageRevisionID "586530634".
- Ordinary_good wikiPageWikiLink Capital_good.
- Ordinary_good wikiPageWikiLink Category:Goods.
- Ordinary_good wikiPageWikiLink Ceteris_paribus.
- Ordinary_good wikiPageWikiLink Consumer_choice.
- Ordinary_good wikiPageWikiLink Consumer_theory.
- Ordinary_good wikiPageWikiLink Giffen_good.
- Ordinary_good wikiPageWikiLink Good_(economics).
- Ordinary_good wikiPageWikiLink Good_(economics_and_accounting).
- Ordinary_good wikiPageWikiLink Hal_Varian.
- Ordinary_good wikiPageWikiLink Inferior_good.
- Ordinary_good wikiPageWikiLink Microeconomics.
- Ordinary_good wikiPageWikiLink Normal_good.
- Ordinary_good wikiPageWikiLink Supply_and_demand.
- Ordinary_good wikiPageWikiLinkText "ordinary good".
- Ordinary_good hasPhotoCollection Ordinary_good.
- Ordinary_good wikiPageUsesTemplate Template:Econ-stub.
- Ordinary_good wikiPageUsesTemplate Template:Goodtypes.
- Ordinary_good subject Category:Goods.
- Ordinary_good hypernym Concept.
- Ordinary_good type Good.
- Ordinary_good type Object.
- Ordinary_good comment "An ordinary good is a microeconomic concept used in consumer theory. It is defined as a good which creates increased demand when the price for the good drops or conversely decreased demand if the price for the good increases, ceteris paribus. It is the opposite of a Giffen good.".
- Ordinary_good label "Ordinary good".
- Ordinary_good sameAs Bien_ordinario.
- Ordinary_good sameAs Ben_ordinario.
- Ordinary_good sameAs m.0dchwr.
- Ordinary_good sameAs Q7100847.
- Ordinary_good sameAs Q7100847.
- Ordinary_good wasDerivedFrom Ordinary_good?oldid=586530634.
- Ordinary_good isPrimaryTopicOf Ordinary_good.