Multiple Choice
Use the following to answer questions :
Figure: Harold's Indifference Curves
The figure shows three of Harold's indifference curves for bread and cheese.
-(Figure: Harold's Indifference Curves) Use Figure Harold's Indifference Curves.Given that the price of bread is $1 per loaf and the price of cheese is $2 per kilogram,as Harold's income increases from $10 to $14,we can determine that bread is a(n) _____ good and cheese is a(n) _____ good.
A) inferior;inferior
B) normal;inferior
C) inferior;normal
D) normal;normal
Correct Answer:

Verified
Correct Answer:
Verified
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