a good market for used cars
21Inferior good — Good Y is a normal good since the amount purchased increases from Y1 to Y2 as the budget constraint shifts from BC1 to the higher income BC2. Good X is an inferior good since the amount bought decreases from X1 to X2 as income increases. In… …
22Gresham's law — is an economic principle that states: When a government compulsorily overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will… …
23List of British words not widely used in the United States — Differences between American and British English American English …
24Damaged good — In economics, a damaged good (sometimes termed crippleware or product with anti features ) is a good that has been deliberately limited in performance, quality or utility,[1][2][3] typically for marketing reasons as part of a strategy of product… …
25Bristol Cars — Infobox Company name = Bristol Cars type = Private foundation = 1945 location city = flagicon|UK Bristol location country = England, UK location = locations = key people = Tony Crook area served = industry = Car manufacturing products = services …
26Berkeley cars — There were two manufacturers of British Berkeley cars. HistoryBerkeley (1)The first company made some 18 hp cars in 1913. The engine was quoted as a 75x100, 1764 cc unit of unknown origin. Little else is known of them.Berkeley (2)The second was… …
27Information good — in economics and law is a type commodity whose main market value is derived from the information it contains. It may also include services (information services). The typical examples of information goods include a CD containing pieces of music,… …
28And Now for Something Completely Different — DVD cover Directed by Ian MacNaughton Produced by …
29People's Alliance for Democracy — Type Pressure group Political group Key people Sondhi Limthongkul Chamlong Srimuang Phiphob Thongchai Somsak Kosaisuuk Somkeit Pongpaibul Area served …
30Lemons Problem — The issue of information asymmetry between the buyer and seller of an investment or product. Lemons problem was popularized by a 1970 research paper by economist George Akerlof. The term is derived from Akerlof s demonstration of the concept of… …
