Once a good is considered inferior, it will always be considered inferior.

Name: Once a good is considered inferior, it will always be considered inferior.
Brand: Quizplus
Rating: 4.8 (34 reviews)

Question

Quizplus · Accepted Answer

Goods can become superior if their quality or brand is improved, and vice versa. Also, consumer preferences and market trends can change over time, making a good that was once considered inferior to become desirable and vice versa.

Once a Good Is Considered Inferior, It Will Always Be