What Is an Inferior Good

question 51

Multiple Choice

What is an inferior good?

• A)a good that everyone normally consumes
• B)a good that inferior people consume
• C)a good for which demand varies directly with household income
• D)a good for which demand varies inversely with household income
• E)a good for which demand does not vary with household income

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Definitions:

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The natural biological process marking the end of a woman's reproductive years, characterized by the cessation of menstruation.