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The Table Below Shows the Quantities of Automobiles,margarine,and Coffee Purchased

Question 10

Multiple Choice

The table below shows the quantities of automobiles,margarine,and coffee purchased by Ted at different levels of income. Table 5.2
The table below shows the quantities of automobiles,margarine,and coffee purchased by Ted at different levels of income. Table 5.2 -Based on the information given in Table 5.2,margarine is: A) an inferior good. B) a necessity. C) a normal good. D) a complementary good. E) a luxury good.
-Based on the information given in Table 5.2,margarine is:


A) an inferior good.
B) a necessity.
C) a normal good.
D) a complementary good.
E) a luxury good.

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