4 3 points If macaroni and cheese is an inferior good then a

4) (3 points) If macaroni and cheese is an inferior good, then an increase in a. b. c. d. the price will cause the demand curve for mac & cheese to shift right the price will cause the demand curve for mac & cheese to shift left a consumer\'s income will cause the demand curve for mac & cheese to shift right a consumer\'s income will cause the demand curve for mac & cheese to shift left

Solution

Correct option is (d).

A good is inferior (normal) if with increase in consumer income, its demand decreases (increases), therefore shifting the demand curve toward left (right).