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1 June, 18:40

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?

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  1. 1 June, 20:46
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    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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