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Leya [2.2K]
3 years ago
6

Which of the following is the best example of an inferior good?

History
2 answers:
vladimir1956 [14]3 years ago
8 0
I think the answer is A. "A bus ride."
Alla [95]3 years ago
3 0
In economics, an inferior good is a good whose quantity demanded decreases when consumer income rises (or quantity demanded rises when consumer income decreases), unlike normal goods, for which the opposite is observed. Normal goods are those for which consumers' demand increases when their income increases 
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The Black Death of 1348 to 1350
Citation: C N Trueman "The Black Death Of 1348 To 1350"
historylearningsite.co.uk. The History Learning Site, 5 Mar 2015. 19 Apr 2018.

In Medieval England, the Black Death was to kill 1.5 million people out of an estimated total of 4 million people between 1348 and 1350. No medical knowledge existed in Medieval England to cope with the disease. After 1350, it was to strike England another six times by the end of the century. Understandably, peasants were terrified at the news that the Black Death might be approaching their village or town.
The Black Death is the name given to a deadly plague (often called bubonic plague, but is more likely to be pneumonic plague) which was rampant during the Fourteenth Century. It was believed to have arrived from Asia in late 1348 and caused more than one epidemic in that century – though its impact on English society from 1348 to 1350 was terrible. No amount of medical knowledge could help England when the plague struck. It was also to have a major impact on England’s social structure which lead to the Peasants Revolt of 1381.
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