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Steak 15 Clothing (units per (units per month) month) 10 B 7 5 10 20 30 Hamburger 10 16 Food (units (units per month) per

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Steak 15 Clothing (units per (units per month) month) 10 B 7 5 10 20 30 Hamburger 10 16 Food (units (units per month) per month) (a) (b) Figure 4.1.4 1) Refer to Figure 4.1.4 above. Which of the following goods is an inferior good? 1 ) A) Steak B) Food C) Hamburger D) Clothing

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