In the example of good and bad cigarettes,the authors found that bad cigarettes where inferior because
A) they are an economic bad.
B) second hand smoke is an economic bad.
C) they comprised a large portion of the smokers budget.
D) many more useful goods are also inferior.

Question

Quizplus · Accepted Answer

The authors found that bad cigarettes were inferior because they comprised a large portion of the smoker's budget. This means that they were relatively more expensive for the smoker compared to good cigarettes, making them inferior in terms of affordability.

In the Example of Good and Bad Cigarettes,the Authors Found