If Hamburger Helper is an inferior good,then,ceteris paribus,a decrease in income will lead to
A)a leftward shift of the demand curve for Hamburger Helper.
B)a rightward shift of the demand curve for Hamburger Helper.
C)a movement up along the demand curve for Hamburger Helper.
D)a movement down along the demand curve for Hamburger Helper.
E)a rightward shift of the supply curve of Hamburger Helper.

Question

Quizplus · Accepted Answer

Inferior goods are those for which demand increases when consumer income decreases, ceteris paribus. Therefore, a decrease in income would lead to a rightward shift of the demand curve for Hamburger Helper, indicating an increase in demand.

If Hamburger Helper Is an Inferior Good,then,ceteris Paribus,a Decrease in Income