In the case of an inferior good, the income elasticity of demand is
Q. In the case of an inferior good, the income elasticity of demand is:
A. Positive
B. Zero
C. Negative
D. Infinite
Answer: Negative
Q. In the case of an inferior good, the income elasticity of demand is:
A. Positive
B. Zero
C. Negative
D. Infinite
Answer: Negative