inferior goods

American  

plural noun

Economics.

1. commodities that are less in demand as consumer income rises.

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Example Sentences

Giffen Goods are not superior goods at all, they are inferior goods.

From Forbes • Nov. 23, 2014

The Soviet legal code outlaws a whole range of economic activities, such as conducting a private business, acquiring foreign currency, and delivering inferior goods for sale on the Soviet market.

From Time Magazine Archive

The program proclaims that inefficient workers and factories will not be rewarded and that the consumer must be protected against high prices and inferior goods caused by "the monopoly position" of state enterprises.

From Time Magazine Archive

Unprized Packaging Sir: Recessional Sir: How can anyone call this a depression when the consumer is paying inflation prices for inferior goods and services?

From Time Magazine Archive

You have a chance to sell the inferior goods without any coming back.

From Trees, Fruits and Flowers of Minnesota, 1916 Embracing the Transactions of the Minnesota State Horticultural Society,Volume 44, from December 1, 1915, to December 1, 1916, Including the Twelve Numbers of "The Minnesota Horticulturist" for 1916 by Latham, A. W.