If your income increases and your consumption of bagels increases,other things equal,bagels are considered a(n)_____ good.
A)negative
B)positive
C)inferior
D)normal

Question

Quizplus · Accepted Answer

Bagels are considered a normal good because as income increases, the demand for bagels also increases. This indicates that bagels are a product that consumers see as desirable and are willing to purchase more of as their income allows.

If Your Income Increases and Your Consumption of Bagels Increases,other