1.3.2.5b - Normal and inferior goods
- Syllabus
- 2017
- Objective
- 1.3.2.5
- Level
- AS
Distinguish normal goods from inferior goods.
Use b - normal and inferior goods to connect the rule to the data and decision in the question.
This matters because b - normal and inferior goods determines what can be inferred or chosen; begin with the stated conditions and keep the conclusion tied to the evidence.
Example: apply b - normal and inferior goods to one small, clearly defined case, show the key step or comparison, and explain the result in words.
Boundary: b - Normal and inferior goods is not a universal recommendation. Check the syllabus scope, assumptions, units and the limits of the evidence before generalising.