Whether a good is normal or inferior depends on
A)people's attitudes.
B)the price of the product.
C)the taxes people pay when purchasing it.
D)whether the product is high quality.

Question

Quizplus · Accepted Answer

Normal and inferior goods are categorized based on people's income levels and their attitudes towards these goods as their income changes, not directly on the product's price, taxes, or quality.

Whether a Good Is Normal or Inferior Depends on