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Meaning of superior good | Babel Free

Noun CEFR B2

Definitions

A good that makes up a larger proportion of consumption as income rises, having income elasticity greater than one.

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

superior highly composite number superior hypophyseal artery superior landlord superior laryngeal artery superior laryngeal nerve superior lease