In college you could barely afford to dine in restaurants. Now you earn $80,000 a year and dine out at least three times per week. We can safely conclude that you consider restaurant meals to be a(n)

Question

Quizplus · Accepted Answer

Normal goods are those for which demand increases as the consumer's income increases. Since dining out more frequently corresponds with a higher income in this scenario, restaurant meals are considered a normal good.

In College You Could Barely Afford to Dine in Restaurants