What are the environmental implications of the production and disposal of low-quality, inexpensive goods?

Apr 29, 2010 ... Smoking, as a habit, seems to be an inferior good—the higher your income, the less of it you do. But this is really remarkable. A pack of ... An inferior good is a good whose demand is negatively related to income (negative income elasticity of demand). What is an inferior good. An inferior good is a good whose demand decreases when consumer income rises. This means that if a person suddenly has more money to ... Jan 31, 2013 ... By Benjamin Volland; Abstract: The question whether alcohol in general, and different types of alcoholic beverages in particular (e.g., ... INFERIOR GOOD: A good for which a change in income causes an opposite change in demand. That is, an increase in income causes a decrease in demand and a ... ... good, irrespective of one's income. However, a priori, nothing prohibits an environmental good from being normal for some individuals and inferior for others. "inferior good" published on by null. Inferior goods usually have more appealing substitutes, which consumers will switch to following a rise in income. For example, clothes from a thrift store and ... inferior good a good for which the quantity demanded falls as income rises, and the quantity demanded rises as income falls; income elasticity of demand for ... Apr 30, 2015 ... People commonly assume (or assert) that public transport is an “inferior good“, or something that people consume less of as their incomes increase.