are inferior goods bad 
inferior goods aren t necessarily bad they simply represent a more economical way of achieving the same goal instead of a catered fancy meal it is not bad to make a simple meal at home inferior goods represent items that simply in less demand as people have more disposable income the bottom linean inferior good is an item that is often a substitute product whose demand drops when people s income increases during economic prosperity consumers may be more likely to invest in more luxury goods if a consumer s income drops they are more likely to resort to activities such as buying lower quality items generic brands avoiding traveling or changing eating habits 