Which one of the following goods would most likely be an inferior good?

Question

Quizplus · Accepted Answer

Inferior goods are those whose demand decreases when income increases. Corn meal is a basic staple food that people are likely to consume less of as their income rises, and therefore it is more likely to be an inferior good. Bordeaux wines and Broadway theater tickets are luxury goods whose demand may actually increase with rising income, while filet mignon is also more likely to be a normal good as people may consume more of it as their income rises.

Which One of the Following Goods Would Most Likely Be