If your purchases of shoes decrease from 11 pairs per year to 9 pairs per year when your income increases from $19,000 to $21,000 a year,other things equal,for you,shoes are considered a(n)_____ good.
A)normal
B)inferior
C)complementary
D)substitute

Question

Quizplus · Accepted Answer

An inferior good is one where the quantity demanded decreases as income increases. In this case, as the income increases from $19,000 to $21,000, the quantity demanded of shoes decreases from 11 pairs to 9 pairs, indicating that shoes are an inferior good for this individual.

If Your Purchases of Shoes Decrease from 11 Pairs Per