Kuo S. Huang estimates that with every 15% increase income, the quantity of turkey purchased declines by 1.8%. From this information one would conclude that turkey is:

Question

Kuo S. Huang estimates that with every 15% increase income, the quantity of turkey purchased declines by 1.8%. From this information one would conclude that turkey is: 
 
   a luxury.  
   a necessity.  
   an inferior good.  
   a normal good.

economyst · Answer

Do a little research, then take a shot, what do you think? Hint: inferior good

Anonymous · Answer

normal