As Jamal's income rises,his demand for pizza does not change.It follows that for Jamal,pizza is a(n)
A) normal good.
B) inferior good.
C) neutral good.
D) substitute good.
E) complementary good.

Question

Quizplus · Accepted Answer

Pizza is considered a neutral good for Jamal because his demand for it does not change as his income rises. Neutral goods are those whose demand is not affected by the consumer's income.

As Jamal's Income Rises,his Demand for Pizza Does Not Change