Which of the following is most likely to not be an inferior good?
Select one:
a. concert tickets
b. used music CD's
c. Ramen noodle dinners
d. trips to the laundromat
e. none of the above (all of the above are inferior goods)

Question

justjm · Answer

Well if consumer income were to increase, then it's likely that the demand of concert tickets would increase as well. Used CD's, using the laundromat, and I suppose Ramen Noodle dinners would have a decrease in demand because they are inferior.

justus · Answer

Thank you!! <3