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    Exam 3: Demand and Supply
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    If Macaroni and Cheese Is an Inferior Good, Then a Decrease
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If Macaroni and Cheese Is an Inferior Good, Then a Decrease

Question 77

Question 77

Multiple Choice

If macaroni and cheese is an inferior good, then a decrease in income will result in


A) an increase in the demand for macaroni and cheese.
B) a decrease in the demand for macaroni and cheese.
C) an increase in the supply of macaroni and cheese.
D) a decrease in the supply of macaroni and cheese.

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