All else equal, when the price of soda rises, Brian purchases less soda and less candy. For Brian, we can definitely say that candy:
A) is an inferior good but soda could be normal or inferior.
B) could be normal or inferior good and soda is a normal good.
C) is a normal good and soda is a normal good.
D) is a normal good but soda could be normal or inferior.

Question

Quizplus · Accepted Answer

The Answer of All else equal, when the price of soda rises, Brian purchases less soda and less candy. For Brian, we can definitely say that candy:
A) is an inferior good but soda could be normal or inferior.
B) could be normal or inferior good and soda is a normal good.
C) is a normal good and soda is a normal good.
D) is a normal good but soda could be normal or inferior.

All Else Equal, When the Price of Soda Rises, Brian