Knowledge (XXG)

Neutral good

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398: 57:
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
54:. 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. 61:. 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 172: 439: 130: 94: 17: 165: 458: 432: 348: 208: 158: 65:—constructed with data allowance on the Y axis and text allowance is on the X axis forms a vertical line. 463: 213: 425: 353: 47: 275: 218: 62: 295: 226: 136: 126: 100: 90: 409: 285: 32: 341: 290: 260: 246: 222: 193: 324: 270: 231: 452: 367: 357: 331: 280: 236: 51: 336: 309: 300: 241: 198: 16:
This article is about an economic term. For the Dungeons & Dragons term, see
377: 362: 319: 265: 305: 251: 140: 104: 372: 256: 203: 24: 43:, or those that have no change on the consumer's utility when consumed. 397: 58: 89:(Eighth ed.). Mason, OH, USA: Thomson South-Western. p. 58. 40: 36: 405: 182: 150: 154: 413: 125:(Ninth ed.). New York: W. W. Norton. p. 41. 18:
Alignment (Dungeons & Dragons) § Neutral good
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Intermediate microeconomics : a modern approach
46:Under the first definition, neutral goods have 433: 166: 8: 440: 426: 173: 159: 151: 74: 7: 394: 392: 116: 114: 80: 78: 412:. You can help Knowledge (XXG) by 14: 396: 1: 480: 391: 15: 189: 85:Arnold, Roger A. (2008). 247:(Post-)experience goods 121:Varian, Hal R. (2014). 408:-related article is a 358:(Non-)excludable goods 354:(Non-)rivalrous goods 214:Common-pool resource 48:substitution effects 276:Global public goods 242:(Non-)durable goods 219:Complementary goods 296:Intermediate goods 63:indifference curve 39:is independent of 459:Goods (economics) 421: 420: 386: 385: 286:Information goods 227:Independent goods 31:refers either to 471: 442: 435: 428: 400: 393: 291:Intangible goods 261:Positional goods 223:Substitute goods 194:Anti-rival goods 175: 168: 161: 152: 145: 144: 118: 109: 108: 82: 479: 478: 474: 473: 472: 470: 469: 468: 449: 448: 447: 446: 389: 387: 382: 342:Household goods 325:Necessity goods 232:Composite goods 185: 179: 149: 148: 133: 120: 119: 112: 97: 84: 83: 76: 71: 21: 12: 11: 5: 477: 475: 467: 466: 461: 451: 450: 445: 444: 437: 430: 422: 419: 418: 401: 384: 383: 381: 380: 375: 370: 368:Superior goods 365: 360: 351: 346: 345: 344: 334: 332:Ordinary goods 329: 328: 327: 317: 312: 303: 298: 293: 288: 283: 281:Inferior goods 278: 273: 271:Global commons 268: 263: 254: 249: 244: 239: 237:Credence goods 234: 229: 216: 211: 206: 201: 196: 190: 187: 186: 180: 178: 177: 170: 163: 155: 147: 146: 131: 110: 95: 73: 72: 70: 67: 52:income effects 13: 10: 9: 6: 4: 3: 2: 476: 465: 462: 460: 457: 456: 454: 443: 438: 436: 431: 429: 424: 423: 417: 415: 411: 407: 402: 399: 395: 390: 379: 376: 374: 371: 369: 366: 364: 361: 359: 355: 352: 350: 347: 343: 340: 339: 338: 337:Private goods 335: 333: 330: 326: 323: 322: 321: 318: 316: 315:Neutral goods 313: 311: 310:demerit goods 307: 304: 302: 299: 297: 294: 292: 289: 287: 284: 282: 279: 277: 274: 272: 269: 267: 264: 262: 258: 255: 253: 250: 248: 245: 243: 240: 238: 235: 233: 230: 228: 224: 220: 217: 215: 212: 210: 207: 205: 202: 200: 199:Capital goods 197: 195: 192: 191: 188: 184: 176: 171: 169: 164: 162: 157: 156: 153: 142: 138: 134: 132:9780393919677 128: 124: 117: 115: 111: 106: 102: 98: 96:9780324538014 92: 88: 81: 79: 75: 68: 66: 64: 60: 55: 53: 49: 44: 42: 38: 34: 30: 29:neutral goods 26: 19: 414:expanding it 403: 388: 378:Veblen goods 363:Search goods 349:Public goods 320:Normal goods 314: 301:Luxury goods 266:Giffen goods 209:Common goods 122: 86: 56: 45: 28: 22: 464:Trade stubs 306:Merit goods 252:Final goods 453:Categories 373:Used goods 257:Free goods 204:Club goods 69:References 181:Types of 141:879663971 105:131000286 87:Economics 25:economics 50:but not 59:utility 139:  129:  103:  93:  41:income 37:demand 35:whose 406:trade 404:This 183:goods 33:goods 410:stub 356:and 308:and 259:vs. 225:vs. 221:vs. 137:OCLC 127:ISBN 101:OCLC 91:ISBN 23:In 455:: 135:. 113:^ 99:. 77:^ 27:, 441:e 434:t 427:v 416:. 174:e 167:t 160:v 143:. 107:. 20:.

Index

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
Common-pool resource

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