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aleksklad [387]
2 years ago
8

As a student Shayla enjoys consuming alphabet soup which is considered an inferior good. After Shayla graduates from college she

acquires a job working as a data analyst and her income increases dramatically. What will most likely happen to Shayla’s consumption of alphabet soup?
Business
1 answer:
evablogger [386]2 years ago
3 0

Answer:

it will most likely decrease.

Explanation:

An inferior good is an economic definition for a good which demand drops when income rises. In this case, as Shayla's income increases, her demand for alphabet soup decreases. If the rise in income is big enough, the consumption can decrease to zero.

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Answer:

$64,300

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2 years ago
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3 0
2 years ago
Which of these statements demonstrate the economic concept of scarcity? check all that apply. all useful resources are limited i
Zigmanuir [339]
The following statements describe the economic concept of scarcity:
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2.Resources are scarce which explain why we are willing to pay for them.
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7 0
2 years ago
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As a sysadmin, you will find yourself doing business with a variety of third-party vendors. Which of these are likely to be rent
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Available Options are:

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2 years ago
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