Question

those goods whose quantity demanded increases as income goes up are called wealthy goods inferior goods rich people goods superior goods

Answer 1

great job calling me @charlie7770

Answer 2

yea no prob i know the coc ha

Answer 3

good good :D so what do you think about this

Answer 4

i think its superior goods

Answer 5

Superior goods make up a larger proportion of consumption as income rises, and therefore are a type of normal goods in consumer theory. Such a good must possess two economic characteristics: it must be scarce, and, along with that, it must have a high price.