Knowledge (XXG)

Neutral good

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409: 68:
The second definition says that a good is neutral if the consumer is ambivalent towards its consumption. That is, the consumption of that good neither increases nor decreases the consumer's
65:. Examples of this include prescription medicines such as insulin for diabetics. An individual's income may vary, but their consumption of vital medicines remains constant. 72:. For example, if a consumer likes texting, but is neutral about the data package on his phone contract, then increasing the data allowance does not alter his utility. An 183: 450: 141: 105: 28: 176: 469: 443: 359: 219: 169: 76:—constructed with data allowance on the Y axis and text allowance is on the X axis forms a vertical line. 474: 224: 436: 364: 58: 286: 229: 73: 306: 237: 147: 137: 111: 101: 420: 296: 43: 352: 301: 271: 257: 233: 204: 335: 281: 242: 463: 378: 368: 342: 291: 247: 62: 347: 320: 311: 252: 209: 27:
This article is about an economic term. For the Dungeons & Dragons term, see
388: 373: 330: 276: 316: 262: 151: 115: 383: 267: 214: 35: 17: 54:, or those that have no change on the consumer's utility when consumed. 408: 69: 100:(Eighth ed.). Mason, OH, USA: Thomson South-Western. p. 58. 51: 47: 416: 193: 161: 165: 424: 136:(Ninth ed.). New York: W. W. Norton. p. 41. 29:
Alignment (Dungeons & Dragons) § Neutral good
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Intermediate microeconomics : a modern approach
57:Under the first definition, neutral goods have 444: 177: 8: 451: 437: 184: 170: 162: 85: 7: 405: 403: 127: 125: 91: 89: 423:. You can help Knowledge (XXG) by 25: 407: 1: 491: 402: 26: 200: 96:Arnold, Roger A. (2008). 258:(Post-)experience goods 132:Varian, Hal R. (2014). 419:-related article is a 369:(Non-)excludable goods 365:(Non-)rivalrous goods 225:Common-pool resource 59:substitution effects 287:Global public goods 253:(Non-)durable goods 230:Complementary goods 307:Intermediate goods 74:indifference curve 50:is independent of 470:Goods (economics) 432: 431: 397: 396: 297:Information goods 238:Independent goods 42:refers either to 16:(Redirected from 482: 453: 446: 439: 411: 404: 302:Intangible goods 272:Positional goods 234:Substitute goods 205:Anti-rival goods 186: 179: 172: 163: 156: 155: 129: 120: 119: 93: 21: 490: 489: 485: 484: 483: 481: 480: 479: 460: 459: 458: 457: 400: 398: 393: 353:Household goods 336:Necessity goods 243:Composite goods 196: 190: 160: 159: 144: 131: 130: 123: 108: 95: 94: 87: 82: 32: 23: 22: 15: 12: 11: 5: 488: 486: 478: 477: 472: 462: 461: 456: 455: 448: 441: 433: 430: 429: 412: 395: 394: 392: 391: 386: 381: 379:Superior goods 376: 371: 362: 357: 356: 355: 345: 343:Ordinary goods 340: 339: 338: 328: 323: 314: 309: 304: 299: 294: 292:Inferior goods 289: 284: 282:Global commons 279: 274: 265: 260: 255: 250: 248:Credence goods 245: 240: 227: 222: 217: 212: 207: 201: 198: 197: 191: 189: 188: 181: 174: 166: 158: 157: 142: 121: 106: 84: 83: 81: 78: 63:income effects 24: 14: 13: 10: 9: 6: 4: 3: 2: 487: 476: 473: 471: 468: 467: 465: 454: 449: 447: 442: 440: 435: 434: 428: 426: 422: 418: 413: 410: 406: 401: 390: 387: 385: 382: 380: 377: 375: 372: 370: 366: 363: 361: 358: 354: 351: 350: 349: 348:Private goods 346: 344: 341: 337: 334: 333: 332: 329: 327: 326:Neutral goods 324: 322: 321:demerit goods 318: 315: 313: 310: 308: 305: 303: 300: 298: 295: 293: 290: 288: 285: 283: 280: 278: 275: 273: 269: 266: 264: 261: 259: 256: 254: 251: 249: 246: 244: 241: 239: 235: 231: 228: 226: 223: 221: 218: 216: 213: 211: 210:Capital goods 208: 206: 203: 202: 199: 195: 187: 182: 180: 175: 173: 168: 167: 164: 153: 149: 145: 143:9780393919677 139: 135: 128: 126: 122: 117: 113: 109: 107:9780324538014 103: 99: 92: 90: 86: 79: 77: 75: 71: 66: 64: 60: 55: 53: 49: 45: 41: 40:neutral goods 37: 30: 19: 425:expanding it 414: 399: 389:Veblen goods 374:Search goods 360:Public goods 331:Normal goods 325: 312:Luxury goods 277:Giffen goods 220:Common goods 133: 97: 67: 56: 39: 33: 18:Neutral Good 475:Trade stubs 317:Merit goods 263:Final goods 464:Categories 384:Used goods 268:Free goods 215:Club goods 80:References 192:Types of 152:879663971 116:131000286 98:Economics 36:economics 61:but not 70:utility 150:  140:  114:  104:  52:income 48:demand 46:whose 417:trade 415:This 194:goods 44:goods 421:stub 367:and 319:and 270:vs. 236:vs. 232:vs. 148:OCLC 138:ISBN 112:OCLC 102:ISBN 34:In 466:: 146:. 124:^ 110:. 88:^ 38:, 452:e 445:t 438:v 427:. 185:e 178:t 171:v 154:. 118:. 31:. 20:)

Index

Neutral Good
Alignment (Dungeons & Dragons) § Neutral good
economics
goods
demand
income
substitution effects
income effects
utility
indifference curve


ISBN
9780324538014
OCLC
131000286


ISBN
9780393919677
OCLC
879663971
v
t
e
goods
Anti-rival goods
Capital goods
Club goods
Common goods

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