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Theory of consumer behaviour — Economics STD 12 Humanities & Commerce — Question

Rajasthan BoardEnglish MediumSTD 12 Humanities & CommerceEconomicsTheory of consumer behaviour2 Marks
Question
'Normal goods and inferior goods are relative terms'. Explain.
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Answer

This is true that normal goods and inferior goods are relative terms. A particular good becomes inferior in relation to other, e.g. Lifebuoy soap becomes inferior when it is compared to Lux brand of soap but it becomes normal when it is compared to Nirma soap.

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