When Phil's income increases,he purchases fewer spaghetti dinners than he did before his income increased.For Phil,spaghetti dinners are a(n)
A) normal good.
B) inferior good.
C) optimal good.
D) luxury good.

Question

Quizplus · Accepted Answer

Based on the statement given, we can infer that spaghetti dinners are an inferior good for Phil. This means that as his income increases, he switches to consuming other, more expensive or higher quality food items, which leads to a decrease in the quantity demanded of spaghetti dinners. Therefore, option B is the correct answer.

When Phil's Income Increases,he Purchases Fewer Spaghetti Dinners Than He