In December 2024
Answer to Question #262115 in Macroeconomics for Janzel
Popeye’s income declines and, as a result, he buys more spinach. Is spinach an inferior or a normal good?
Spinach is an inferior good because Popeye buys more of it when his income falls. His demand curve for spinach shifts outwards to the right as a result of decrease in his income.
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#339914 on Dec 2023
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