If fast food is an inferior good then:
A)the demand for fast food will fall as income falls.
B)the demand for fast food will fall as income rises.
C)the quantity of fast food demanded will rise as the price of fast food rises.
D)the demand for fast food will fall as the price of fast food rises.

Question

Quizplus · Accepted Answer

An inferior good is a good for which demand decreases when income rises and for which demand increases when income falls.

If Fast Food Is an Inferior Good Then