Multiple Choice
Figure 5-15
Hal initially consumes the combination marked as A in Figure 5-15. After his income increases, Hal consumes combination B. We can conclude that Hal views
A) X as an inferior good and Y as a noninferior good.
B) X as a noninferior good and Y as an inferior good.
C) both X and Y as noninferior goods.
D) both X and Y as inferior goods.
Correct Answer:

Verified
Correct Answer:
Verified
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