If your income increases and your consumption of bagels increases, other things equal, bagels are considered:
A) a negative good.
B) a positive good.
C) an inferior good.
D) a normal good.

Name: If your income increases and your consumption of bagels increases, other things equal, bagels are considered: A) a negative good. B) a positive good. C) an inferior good. D) a normal good.
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Question

Quizplus · Accepted Answer

Bagels are considered a normal good because your consumption of them increases as your income increases.

If Your Income Increases and Your Consumption of Bagels Increases