Ramen noodles are likely considered
A)a normal good.
B)an inferior good.
C)to have inelastic demand.
D)to have perfectly elastic demand.

Name: Ramen noodles are likely considered A)a normal good. B)an inferior good. C)to have inelastic demand. D)to have perfectly elastic demand.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Ramen noodles are typically considered an inferior good because as consumers' income increases, they tend to buy less of them, opting instead for higher-quality or more expensive food options.

Ramen Noodles Are Likely Considered