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Answer to Question #225088 in Macroeconomics for Nazmul

Question #225088
Popeye’s income declines and as a result, he buys more spinach. Is spinach an inferior or normal good? Illustrate what happens to Popeye’s demand curve for spinach.
1
Expert's answer
2021-08-11T14:07:29-0400

Because Popeye buys more spinach when his income declines, spinach is an inferior good for him. His demand curve for spinach shifts out to the right as a result of the decrease in his income


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