The fact that travel on buses fell as incomes increased in many cities suggests that
A)bus travel is a normal good
B)the law of demand does not apply to bus travel
C)bus travel is an inferior good
D)there are no good substitute goods for bus travel

Question

Quizplus · Accepted Answer

As incomes increase, people tend to use less of inferior goods, indicating that bus travel is considered an inferior good.

The Fact That Travel on Buses Fell as Incomes Increased