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inferior has the same meaning in economics as in typical use. true false

Question

inferior has the same meaning in economics as in typical use.
true
false

Explanation:

Brief Explanations

In typical use, "inferior" means lower - quality. In economics, an inferior good is one whose demand decreases as income rises (e.g., generic brands vs. name - brand as income increases), not about quality. So the meanings differ.

Answer:

False