Multiple Choice
Sarah gets a salary increase of 20 percent. Before her raise, she purchased 5 pounds of hamburger and 1 pound of beef stew a month. After her raise, she consumes 2 pounds of hamburger and 3 pounds of beef stew a month. If everything else is held constant, we know that
A) hamburger is an inferior good and beef stew is a normal good for Sarah.
B) hamburger is a normal good and beef stew is an inferior good for Sarah.
C) both hamburger and beef stew are normal goods for Sarah.
D) both hamburger and beef stew are inferior goods for Sarah.
Correct Answer:

Verified
Correct Answer:
Verified
Q76: If the demand of a good is
Q110: A market demand curve is found by<br>A)
Q138: According to the market data for good
Q189: We know that products G and H
Q191: Mary decreases her consumption of Good X
Q205: Suppliers will provide more of a good
Q345: The law of demand includes the statement
Q364: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q393: The law of supply states that there
Q401: Two goods are substitutes when<br>A) an increase