e/Superior good

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has glosseng: Superior goods make up a larger proportion of consumption as income rises, and therefore are a type of normal goods in consumer theory. Such a good must possess two economic characteristics: it must be scarce, and, along with that, it must have a high price. The scarcity of the good can be natural or artificial; however, the general population (i.e., consumers) must recognize the good as distinguishably better. Possession of such a good usually signifies "superiority" in resources, and usually is accompanied by prestige. If the price of the good declines, consumers will purchase less of the good.
lexicalizationeng: superior good
instance of(noun) articles of commerce
good, commodity, trade good
Meaning
German
has glossdeu: Superiore Güter sind in der Haushaltstheorie der Mikroökonomie Güter, die bei steigendem Einkommen relativ stärker nachgefragt werden. Das heißt, dass die Nachfrage nach diesen Gütern stärker zunimmt als das Einkommen. Sie besitzen somit eine Einkommenselastizität größer Eins. Als Beispiel für superiore Güter können Luxusgüter genannt werden.
lexicalizationdeu: superiores Gut
Indonesian
lexicalizationind: Barang superior
Moldavian
has glossron: Bunurile superioare sunt consumate într-un procent mai mare pe măsură ce venitul creşte şi sunt un tip de bunuri normale în teoria consumatorului.
lexicalizationron: Bun superior
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