All else being equal, if the demand curve for hamburgers decreases as consumers' incomes decrease, hamburgers are a(n)
A) normal good
B) inferior good
C) substitute good
D) complementary good

Question

Quizplus · Accepted Answer

Hamburgers are considered a normal good because the demand for them decreases as consumers' incomes decrease. This indicates that when people have more money, they are more likely to buy hamburgers, which is characteristic of normal goods.

All Else Being Equal, If the Demand Curve for Hamburgers