Refer to the information provided in Figure 3.4 below to answer the questions that follow. Figure 3.4
-Refer to Figure 3.4. If consumer income falls, the demand for tuna fish sandwiches shifts from D0 to D1. This implies that tuna fish sandwiches are a(n)

Question

Refer to the information provided in Figure 3.4 below to answer the questions that follow.  Figure 3.4
-Refer to Figure 3.4. If consumer income falls, the demand for tuna fish sandwiches shifts from D0 to D1. This implies that tuna fish sandwiches are a(n)

Quizplus · Accepted Answer

If the demand for tuna fish sandwiches decreases when consumer income falls, it implies that tuna fish sandwiches are an inferior good.

Refer to the Information Provided in Figure 3