During the recession of 2007-2009,Subway experienced increased sales.This increase in demand for food such as a Subway sandwich indicates that Subway sandwiches are inferior goods,which in economic terms means
A) the Subway sandwich is of low quality.
B) the Subway sandwich is not as large as it used to be.
C) competitors' sandwiches, such as those from Quiznos, taste better than Subway sandwiches.
D) the demand for the Subway sandwich increases when income decreases.

Question

Quizplus · Accepted Answer

Inferior goods are goods whose demand increases when income decreases. As the recession of 2007-2009 resulted in a decrease in income for many people, the increased demand for Subway sandwiches indicates that they are inferior goods.

During the Recession of 2007-2009,Subway Experienced Increased Sales