劣れっ等とう財ざい

noun

inferior good

Economics term for a good whose demand decreases as consumer income rises. Often contrasted with 上級財 (normal good) and 下級財 (a near-synonym also meaning inferior good).

See also: 下級財

• 経けい済ざい学がくでは、所しょ得とくが増ふえると需じゅ要ようが減へる財ざいを劣れっ等とう財ざいと呼よぶ。

  In economics, goods whose demand decreases as income rises are called inferior goods.