Which of the following is most likely not to be an example of a normal good?
A)Lobster.
B)Sports cars.
C)Bus travel.
D)Jacuzzis.

Question

Quizplus · Accepted Answer

Bus travel may not be a normal good, as its demand may not increase with an increase in income. In fact, as income increases, people may prefer to buy their own cars or use other forms of transportation. The other choices, such as lobster, sports cars, and Jacuzzis, are typically considered normal goods as they are luxury items, and their demand increases with an increase in income.

Which of the Following Is Most Likely Not to Be