About: Ordinary good     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatGoods, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)
QRcode icon
http://dbpedia.demo.openlinksw.com/describe/?url=http%3A%2F%2Fdbpedia.org%2Fresource%2FOrdinary_good&invfp=IFP_OFF&sas=SAME_AS_OFF&graph=http%3A%2F%2Fdbpedia.org&graph=http%3A%2F%2Fdbpedia.org

An ordinary good is a microeconomic concept used in consumer theory. It is defined as a good which creates an increase in quantity demanded when the price for the good drops or conversely a decrease in quantity demanded if the price for the good increases, ceteris paribus. It is the opposite of a Giffen good.

AttributesValues
rdf:type
rdfs:label
  • Bien ordinario (es)
  • Ordinary good (en)
rdfs:comment
  • En microeconomía, se denomina bien ordinario a aquel bien económico cuyo nivel de consumo aumenta cuando su precio desciende y cuyo nivel de consumo baja si su precio aumenta, manteniendo idénticas las demás condiciones. Es el opuesto al bien de Giffen.​ (es)
  • An ordinary good is a microeconomic concept used in consumer theory. It is defined as a good which creates an increase in quantity demanded when the price for the good drops or conversely a decrease in quantity demanded if the price for the good increases, ceteris paribus. It is the opposite of a Giffen good. (en)
dcterms:subject
Wikipage page ID
Wikipage revision ID
Link from a Wikipage to another Wikipage
sameAs
dbp:wikiPageUsesTemplate
has abstract
  • En microeconomía, se denomina bien ordinario a aquel bien económico cuyo nivel de consumo aumenta cuando su precio desciende y cuyo nivel de consumo baja si su precio aumenta, manteniendo idénticas las demás condiciones. Es el opuesto al bien de Giffen.​ La teoría del consumidor se vio alterada al comprobar que existían bienes cuyo consumo aumenta cuando su precio aumenta, los llamados "bienes de Giffen", de modo que fue necesario definir los bienes cuyo consumo responde al concepto ordinario de relación entre oferta y demanda. Dado que la mayor parte de los bienes se comportan de esta manera, el estudio de este concepto ha sido menos desarrollado que el de los , relacionados con la relación entre los ingresos de los consumidores y el consumo de cada bien.​ (es)
  • An ordinary good is a microeconomic concept used in consumer theory. It is defined as a good which creates an increase in quantity demanded when the price for the good drops or conversely a decrease in quantity demanded if the price for the good increases, ceteris paribus. It is the opposite of a Giffen good. Since the existence of Giffen goods outside the realm of economic theory is still contested, the pairing of Giffen goods with ordinary goods has gotten less traction in economics textbooks than the pairing normal good/inferior good used to distinguish responses to income changes. The usage of "ordinary good" is still useful since it allows a simple representation of price and income changes. A normal good is always ordinary, while an ordinary good can be normal, inferior or sticky. (en)
gold:hypernym
prov:wasDerivedFrom
page length (characters) of wiki page
foaf:isPrimaryTopicOf
is Link from a Wikipage to another Wikipage of
is foaf:primaryTopic of
Faceted Search & Find service v1.17_git139 as of Feb 29 2024


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 08.03.3330 as of Mar 19 2024, on Linux (x86_64-generic-linux-glibc212), Single-Server Edition (378 GB total memory, 58 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2024 OpenLink Software