Morgan graduates from college and gets a job paying $50,000 a year. While in school, she consumed 4 pounds of chicken and 1 pound of shrimp a month. After she starts work, she consumes 2 pounds of chicken and 3 pounds of shrimp a month. If everything else is held constant, we know that
A) chicken and shrimp are normal goods for Morgan.
B) chicken is an inferior good and shrimp is a normal good for Morgan.
C) chicken is an inferior good for Morgan.
D) shrimp is a normal good for Morgan.
Correct Answer:
Verified
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