What does bad (economics) mean?
Definitions for bad (economics)
bad (eco·nomics)
This dictionary definitions page includes all the possible meanings, example usage and translations of the word bad (economics).
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Wikipedia
Bad (economics)
An economic bad is the opposite of an economic good. A 'bad' is anything with a negative value to the consumer, or a negative price in the marketplace. Refuse is an example of a bad. A bad is a physical object that lowers a consumer's level of happiness, or stated alternately, a bad is an object whose consumption or presence lowers the utility of the consumer. With normal goods, a two-party transaction results in the exchange of money for some object, as when money is exchanged for a car. With a bad, however, both money and the object in question go the same direction, as when a household gives up both money and garbage to a waste collector being compensated to take the garbage. In this way, garbage has a negative price; the waste collector is receiving both garbage and money and thus is paying a negative amount for the garbage.
Numerology
Chaldean Numerology
The numerical value of bad (economics) in Chaldean Numerology is: 9
Pythagorean Numerology
The numerical value of bad (economics) in Pythagorean Numerology is: 4
Examples of bad (economics) in a Sentence
Well that's a sure budget-busting give-away to the super-wealthy, and that's the kind of economics you're likely to get from any of the candidates on the other side.
The use of coal is simply economics, unless one refuses to count as a cost the damages and deaths now and in the future from air pollution and climate change.
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"bad (economics)." Definitions.net. STANDS4 LLC, 2024. Web. 5 Nov. 2024. <https://www.definitions.net/definition/bad+%28economics%29>.
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