Maneesh received a raise at work. As a result, he no longer buys hamburger. For Maneesh, hamburger is _____ good.

Name: Maneesh received a raise at work. As a result, he no longer buys hamburger. For Maneesh, hamburger is _____ good.
Brand: Quizplus
Rating: 4.7 (48 reviews)

Question

Quizplus · Accepted Answer

An inferior good is one for which demand decreases as the buyer's income increases, which fits the scenario where Maneesh stops buying hamburger after receiving a raise.

Maneesh Received a Raise at Work