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Seinfeld Economics: The Robbery (Elaine)

by Linda Ghent

A normal good is a good that a person will purchase more of as income rises. Most goods are normal goods.

An inferior good is a good that a person demands less of as income rises.  Standard examples of inferior goods include second-hand furniture and clothing and Spam.

 

Seinfeld: The Robbery (Elaine)

Elaine is house sitting for Jerry. Jerry explains the many flaws of his apartment. George, a realtor, finds a new, bigger apartment for Jerry. Elaine tries to get him to move so she can move into Jerry's old place. “It's a dump,” she says, “but it's a step up for me.”

from Seinfeld, Season 1 (1990)
Creator: Larry David & Jerry Seinfeld
Posted by Linda Ghent
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