If your income decreases, and your consumption of hot cross buns increases, hot cross buns are considered a(n) _____ good.
A)negative
B)positive
C)inferior
D)normal

Question

Quizplus · Accepted Answer

When a person's income decreases and their consumption of a good increases, that good is classified as an inferior good. Hot cross buns are usually considered an inferior good as they are a cheaper option for baked goods.

If Your Income Decreases, and Your Consumption of Hot Cross