Hello I have to respond to the statement below and be (Be constructive and professional.)

Normal goods have a positiveincome elasticity of demand; as incomes rise, moregoodsare demanded at each price level. ...Inferior goodshave a negativeincome elasticityof demand; as consumers'income rises, they buy fewerinferior goods.

For example Cheaper cars are examples of the inferior goods. Consumers will generally prefer cheaper cars when their income is constricted. As a consumer's income increases, the demand of the cheap cars will decrease, while demand of costly cars will increase, so cheap cars are inferior goods. Must people buy what they can afford. So if you have limited income you are going to purchase a cheaper car. With the way the economy is going now most people are preserving their finances because they may need them later for essentials later. The Pandemic has made most people change the way they spend their money. Which is a very wise decision.