Which of the following is most likely to be an inferior good?

Name: Which of the following is most likely to be an inferior good?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Used clothing is generally considered an inferior good as higher income levels lead consumers to prefer new, brand-name clothing instead. The other options are likely to be normal goods, with higher incomes leading to increased demand for airline travel, restaurant meals, subscription to the Wall Street Journal, and soft drinks.

Which of the Following Is Most Likely to Be an Inferior