downmarket - Meaning in Hindi
downmarket - Meaning in Hindi
adjective
Definitions and Meaning of downmarket in English
downmarket adjective
- designed for low-income consumers
Antonyms of downmarket
Description
In economics, an inferior good is a good whose demand decreases when consumer income rises, unlike normal goods, for which the opposite is observed. Inferiority, in this sense, is an observable fact relating to affordability rather than a statement about the quality of the good. There are many examples of inferior goods, including cheap cars, public transit options, payday lending, and inexpensive food. The shift in consumer demand for an inferior good can be explained by two natural economic phenomena: the substitution effect and the income effect.
Also see "Inferior good" on WikipediaMore matches for downmarket
noun
| downmarket version | डाउनमार्केट संस्करण |
| downmarket image | बाज़ार छवि |
| downmarket tabloid | डाउनमार्केट टैब्लॉयड |
| downmarket hotels | डाउनमार्केट होटल |
Also See
What is another word for downmarket ?
Sentences with the word downmarket
Words that rhyme with downmarket
Words starting with
What is downmarket meaning in Hindi?
The word or phrase downmarket refers to designed for low-income consumers. See downmarket meaning in Hindi, downmarket definition, translation and meaning of downmarket in Hindi. Also learn downmarket opposite words, downmarket antonyms. Learn and practice the pronunciation of downmarket. Find the answer of what is the meaning of downmarket in Hindi. देखें downmarket का हिन्दी मतलब, downmarket का मीनिंग, downmarket का हिन्दी अर्थ, downmarket का हिन्दी अनुवाद।
Tags for the entry "downmarket"
What is downmarket meaning in Hindi, downmarket translation in Hindi, downmarket definition, pronunciations and examples of downmarket in Hindi. downmarket का हिन्दी मीनिंग, downmarket का हिन्दी अर्थ, downmarket का हिन्दी अनुवाद
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