When Mary's income increases,she purchases fewer hamburgers.We can conclude that for Mary,hamburger is a(n)________ good.

Question

Quizplus · Accepted Answer

When the income of an individual increases, their demand for inferior goods decreases. Hamburgers are considered an inferior good because they are a cheap and basic source of protein. Therefore, as Mary's income increases, she is likely to buy more expensive and higher quality sources of protein, causing her to purchase fewer hamburgers.

When Mary's Income Increases,she Purchases Fewer Hamburgers