Organic food might be good for your health but in light of the 2008 downturn in the economy and falling incomes, consumers are buying less organic and more non-organic food. Based on these events, what is true?

Question

Quizplus · Accepted Answer

When incomes fall, consumers buy less of normal goods and more of inferior goods. Since consumers are buying less organic food and more non-organic food, organic food is a normal good and non-organic food is an inferior good.

Organic Food Might Be Good for Your Health but in Light