If a turnip is an inferior good, then
A)a small decrease in income decreases the quantity of turnips demanded at the current price by a large amount.
B)a large decrease in income decreases the quantity of turnips demanded at the current price by a small amount.
C)an increase in income increases the quantity demanded at the current price.
D)an increase in income decreases the quantity demanded at the current price.
E)turnips taste awful.

Question

Quizplus · Accepted Answer

For an inferior good, demand decreases as income increases, so an increase in income leads to a decrease in the quantity demanded at the current price.

If a Turnip Is an Inferior Good, Then