-The above figure shows Larry's indifference map and budget lines for ham and pork.Which of the following statements is TRUE?
A) Pork is an inferior good.
B) Ham is an inferior good.
C) Neither pork nor ham is an inferior good.
D) Both ham and pork are inferior goods.

Question

-The above figure shows Larry's indifference map and budget lines for ham and pork.Which of the following statements is TRUE?
A) Pork is an inferior good. 
B) Ham is an inferior good. 
C) Neither pork nor ham is an inferior good. 
D) Both ham and pork are inferior goods.

Quizplus · Accepted Answer

The Answer of 
-The above figure shows Larry's indifference map and budget lines for ham and pork.Which of the following statements is TRUE?
A) Pork is an inferior good. 
B) Ham is an inferior good. 
C) Neither pork nor ham is an inferior good. 
D) Both ham and pork are inferior goods.

-The Above Figure Shows Larry's Indifference Map and Budget Lines