What Is an Inferior Good

question 83

Multiple Choice

What is an inferior good?

• A) a product of low quality that we do not want to purchase
• B) a product for which demand increases when income increases, and demand decreases when income decreases
• C) a product for which demand increases when income decreases, and demand decreases when income increases
• D) a product that is complementary
• E) a product that is a substitute for another, better good

---

Definitions:

African Americans

A term referring to citizens or residents of the United States who have total or partial ancestry from any of the black racial groups of Africa.

New Immigrants

Refers to the recent arrivals into a country, who typically come from different cultural, linguistic, or ethnic backgrounds than the majority population.

Urban Ethnic Enclaves

Neighborhoods in urban areas predominantly inhabited by a specific ethnic group, maintaining distinct cultural identities.

Suburbs

Residential areas located on the outskirts of a city or large town, often characterized by a lower population density than urban centers.