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
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.
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.
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"bad (economics)." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/bad+%28economics%29>.
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