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Suppose that both Wiremu and Aroha both have an income of $ 5 0 0 0 a month. Each buys 1 0 0 litres of
Suppose that both Wiremu and Aroha both have an income of $ a month. Each buys litres of petrol a month for their cars, and each buys a pizza on Friday nights.
Then Wiremu has his hours at work reduced so he earns $ Aroha gets a pay raise and earns $ Both end up buying litres of petrol a month. From this information we can tell that:
Question Select one:
a
petrol is an inferior good for both Wiremu and Aroha.
b
petrol is an inferior good for Wiremu and a normal good for Aroha.
c
petrol is a normal good for Wiremu and an inferior good for Aroha.
d
petrol is a normal good for both Wiremu and Aroha.
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