When Mary's income increases, she purchases fewer hamburgers. We can conclude that for Mary, hamburger is a(n) _______ good.

Name: When Mary's income increases, she purchases fewer hamburgers. We can conclude that for Mary, hamburger is a(n) _______ good.
Brand: Quizplus
Rating: 4.9 (44 reviews)

Question

Quizplus · Accepted Answer

When Mary's income increases, she purchases fewer hamburgers. This means that hamburgers are an inferior good for her because her demand for them decreases as her income increases.

When Mary's Income Increases, She Purchases Fewer Hamburgers