Giffen goods - определение. Что такое Giffen goods
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Что (кто) такое Giffen goods - определение

PRODUCT THAT PEOPLE CONSUME MORE OF AS THE PRICE RISES
Giffen goods; Giffen paradox; Giffin good; Giffengood; Giffin Good; Giffen Good; Giffen's paradox; Giffen Goods; Giffin goods; Giffen behaviour; Giffen behavior
  • Indifference map with two budget lines (red) depending on the price of Giffen good ''x''
  • Types of goods in economics
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Giffen good         
In economics and consumer theory, a Giffen good is a product that people consume more of as the price rises and vice versa—violating the basic law of demand in microeconomics. For any other sort of good, as the price of the good rises, the substitution effect makes consumers purchase less of it, and more of substitute goods; for most goods, the income effect (due to the effective decline in available income due to more being spent on existing units of this good) reinforces this decline in demand for the good.
goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
Frequency: The word is one of the 1500 most common words in English.
1.
Goods are things that are made to be sold.
Money can be exchanged for goods or services.
...a wide range of consumer goods.
N-PLURAL
2.
Your goods are the things that you own and that can be moved.
All his worldly goods were packed into a neat checked carrier bag...
You can give your unwanted goods to charity.
N-PLURAL: usu poss adj N
goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
n. pl.
1.
Movables, effects, chattels, furniture.
2.
Commodities, wares, merchandise.
goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
n.
1) capital; consumer; dry (esp. AE), soft (esp. BE); durable; manufactured; yard goods
2) (misc.) to have the goods on (colloq.) ('to have evidence against'); one's worldly goods
goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
n. items held for sale in the regular course of business, as in a retail store.
Goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
·noun ·pl ·see Good, ·noun, 3.
Goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
In economics, goods are items that satisfy human wantsQuotation from Murray Milgate, 2008, "Goods and Commodities". In: Palgrave Macmillan (eds) The New Palgrave Dictionary of Economics.
goods         
TANGIBLE AND INTANGIBLE THING, EXCEPT LABOR TIED SERVICES, THAT SATISFIES HUMAN WANTS AND PROVIDES UTILITY
Good (accounting); Economic good; Goods (economics); Good (economics and accounting); Economic goods; Types of good; Types of goods; Good (economics); List of goods
goods
¦ plural noun
1. (goods) merchandise or possessions.
[often as modifier] Brit. freight: a goods train.
2. (the goods) informal exactly what is required.
Phrases
come up with (or deliver) the goods informal do what is expected or required.
get (or have) the goods on informal obtain (or possess) information about (someone) which may be used to their detriment.
--------
goods
merchandise or possessions.
James Giffen         
AMERICAN BUSINESSMAN
Giffen, James
James Henry Giffen was born in 1941 in Stockton, California.Steve LeVine, The Oil and the Glory, Random House, 2007 He grew up to be an American businessman and an authority on American-Soviet trade.
Large goods vehicle         
  • [[Mercedes-Benz]] large goods vehicle
TRUCKS WITH A GROSS COMBINATION MASS OF OVER 3,500 KG (7,716 LB)
Heavy goods vehicles; Heavy goods vehicle; Heavy Goods Vehicle; Heavy commercial vehicle; Large Goods Vehicle; HGV traffic; Heavy goods truck; HGVs
A large goods vehicle (LGV), or heavy goods vehicle (HGV), in the European Union (EU) is any lorry with a gross combination mass (GCM) of over . Sub-category N2 is used for vehicles between 3,500 kg and and N3 for all goods vehicles over 12,000 kg as defined in Directive 2001/116/EC.

Википедия

Giffen good

In economics and consumer theory, a Giffen good is a product that people consume more of as the price rises and vice versa—violating the basic law of demand in microeconomics. For any other sort of good, as the price of the good rises, the substitution effect makes consumers purchase less of it, and more of substitute goods; for most goods, the income effect (due to the effective decline in available income due to more being spent on existing units of this good) reinforces this decline in demand for the good. But a Giffen good is so strongly an inferior good in the minds of consumers (being more in demand at lower incomes) that this contrary income effect more than offsets the substitution effect, and the net effect of the good's price rise is to increase demand for it. This phenomenon is known as the Giffen paradox. A Giffen good is considered to be the opposite of an ordinary good.