When Her Income Increased from $10,000 to $20,000,Heather's Consumption of Macaroni

question 25

Multiple Choice

When her income increased from $10,000 to $20,000,Heather's consumption of macaroni decreased from 10 pounds to 5 pounds and her consumption of soy-burgers increased from 2 pounds to 4 pounds.We can conclude that for Heather,

• A) macaroni and soy-burgers are both normal goods with income elasticities equal to 1.
• B) macaroni is an inferior good and soy-burgers are normal goods;both have income elasticities of 1.
• C) macaroni is an inferior good with an income elasticity of -1 and soy-burgers are normal goods with an income elasticity of 1.
• D) macaroni and soy-burgers are both inferior goods with income elasticities equal to -1.

---

Definitions:

Pronoun

A word used in place of a noun to avoid repetition of the noun, often referring to people in the discourse.

Managers

Individuals responsible for planning, leading, organizing, and controlling the operations of a business or a department within it.

Documents

Physical or digital records that contain information or data, serving various purposes such as legal evidence, transaction records, or personal identification.

Pronoun

A grammatical element used to refer to participants in the discourse without specifying a definite noun.