Is dry cleaning a normal or inferior good? An inferior good is a good that decreases in demand when consumer income rises, unlike normal goods, for which the opposite is observed.
We cannot know for certain if something is an inferior good without actual data. We must also realize that some things can be normal goods for some people while, at the same time, they are inferior goods for others. That said, we can generally say that dry cleaning will likely be a normal good for most people.
The reason for this...
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