Question

Holding all other things constant, if ramen noodles are an inferior good to Vanessa, then as her income increases, her demand curve for ramen noodles:A) will shift left.B) will shift right.C) will not shift at all.D) may shift left or right, but unable to determine by how much.

Answer 1

Answer:

:A) will shift left.

Explanation:

An inferior good is a good whose demand falls when income increases and demand increases when income decreases.

As Vanessas income increases, her demand for ramen noodles would fall. This would lead to a decrease in demand for ramen noodles and her demand curve would shift to the left.

I hope my answer helps you