Figure 4-19
The diagram below pertains to the demand for turkey in the United States.

-Refer to Figure 4-19.All else equal,an increase in the income of buyers who consider turkey to be an inferior good would cause a move from

Question

Figure 4-19
The diagram below pertains to the demand for turkey in the United States.
 
-Refer to Figure 4-19.All else equal,an increase in the income of buyers who consider turkey to be an inferior good would cause a move from

Quizplus · Accepted Answer

An inferior good is one for which demand decreases as income increases. Therefore, an increase in income of buyers who consider turkey to be an inferior good would cause a decrease in demand for turkey, shifting the demand curve to the left from DA to DB.

Figure 4-19 the Diagram Below Pertains to the Demand for Turkey in Turkey