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If a good is an inferior good, ____________
Classroom
Economics Classroom
Post Utme
Post Utme 0
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If a good is an inferior good, ____________
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
It is also necessarily a griffin good
B
The quantity of the good demand varies inversely with its good price
C
Its income elasticity of
D
The poor buy the good only out of habit
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Show Explanation
Correct Answer:
Option C
Explanation:
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