Many people consider hot dogs to be an inferior good.For such people,all else held constant,a decrease in income would cause their demand for hot dogs to:

Question

Quizplus · Accepted Answer

Hot dogs are considered an inferior good, meaning that as income decreases, demand for hot dogs increases. Therefore, if income decreases for people who consider hot dogs to be an inferior good, their demand for hot dogs will increase.

Many People Consider Hot Dogs to Be an Inferior Good