Which of the following is an example of an inferior good?

Name: Which of the following is an example of an inferior good?
Brand: Quizplus
Rating: 4.8 (57 reviews)

Question

Quizplus · Accepted Answer

An inferior good is a good whose demand decreases as consumer income increases. The city bus is an example of an inferior good because as people's incomes increase, they are more likely to buy a car and not use public transportation as frequently. Gasoline, T-bone steak, and clothing are examples of normal goods whose demand increases as consumer income increases.

Which of the Following Is an Example of an Inferior