While you were an intern you bought 5 packages of hot dogs a month.After acquiring a full-time job with a considerable higher salary,you stopped purchasing hot dogs.For you,hot dogs are

Question

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As the individual's income increased, they stopped purchasing hot dogs, indicating that hot dogs are an inferior good. As income increases, people tend to purchase more expensive and higher quality foods, so cheaper and lower quality foods, such as hot dogs, become less and less appealing.

While You Were an Intern You Bought 5 Packages of Hot