Multiple Choice
Amisha's Engel curve for potato chips is I = 300C, where I is weekly income and C measures the number of bags of potato chips. Amisha considers potato chips a(n) :
A) inferior good.
B) normal good.
C) inferior good at income levels above $60,000.
D) inferior good at income levels above $30,000.
Correct Answer:
Verified
Correct Answer:
Verified
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