Suppose that, upon changing jobs, you experience an increase in income (otherwise, why change jobs?). If, as a result, you decide to purchase more sushi and fewer hamburgers, then hamburgers for you are a(n) _____ good.
A)normal
B)substitute
C)complementary
D)inferior

Question

Quizplus · Accepted Answer

Hamburgers are considered an inferior good in this scenario because as your income increases, you buy fewer hamburgers and more of a higher-quality or more expensive alternative (sushi), indicating that you view hamburgers as a less desirable option when you have more money to spend.

Suppose That, Upon Changing Jobs, You Experience an Increase in Income