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Suppose that Ariana consumes two goods, Ramen noodles and gasoline. Ramen noodles are an inferior good, and gasoline is a normal good. Suppose the price
Suppose that Ariana consumes two goods, Ramen noodles and gasoline. Ramen noodles are an inferior good, and gasoline is a normal good. Suppose the price of gasoline increases, while the price of Ramen noodles remains unchanged. The income effect by itself suggests that Ariana will consume Group of answer choices more Ramen noodles and less gasoline. fewer Ramen and more gasoline. more Ramen noodles and more gasoline. fewer Ramen noodles and less gasoline
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