If turnips are an example of an inferior good, then a decrease in the demand for turnips could be brought about by a(n)

Question

Quizplus · Accepted Answer

Turnips are an inferior good, which means that as consumer incomes increase, the demand for turnips decreases. Therefore, a decrease in demand for turnips could only be brought about by a decrease in consumer incomes. The decrease in price of turnips (C) or some other product (D) may lead to an increase in demand for turnips, but it would not lead to a decrease in demand.

If Turnips Are an Example of an Inferior Good, Then