TMc: Inferior & Superior Goods | Beaufort County Now

I waited in a long drive through line at Chick-fi-la and remembered my Community College economic course mentioning Superior and Inferior goods. TMc, inferior & superior goods, chick-fi-la, businesses, fast food, restaurants, march 18, 2020
Coronavirus Disease 2019 (COVID-19)

TMc: Inferior & Superior Goods


    I waited in a long drive through line at Chick-Fi-La and remembered my Community College economic course mentioning Superior and Inferior goods.

    Bad times are good times for Inferior goods like drive-thru Fast Food Restaurants.

    Definition of Superior Goods:
    https://en.wikipedia.org/wiki/Superior_good

    Definition of Inferior Goods:
    https://simple.wikipedia.org/wiki/Inferior_good

    Conclusion:
    Some businesses will benefit and grow in a crisis. That's all I know...economics is complicated.

HbAD0

 
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