loader image
Real Estate Glossary

Lower Order Good

inflation calculator
Avatar
Written by Luis Escobar

A lower-order good, on the other hand, is a good or service that is the complete opposite as it does not need a large number of customers to support its business. A lower-order good only requires a small trade area.

A lower-order good, on the other hand, is a good or service that is the complete opposite as it does not need a large number of customers to support its business. A lower-order good only requires a small trade area.

About the author

Avatar

Luis Escobar

Leave a Comment