Waec Model Questions Vol1 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Waec Model Questions Vol1 Economics examination.

Waec Model Questions Vol1 2017 Economics Objective / Multiple Choice Easy Difficulty
Question 23 WAEC_MODEL_QUESTIONS_VOL1 • 2017 • ECONOMICS • objective

When household incomes rise, the quantity demanded of instant noodles falls. According to the theory of consumer behaviour, instant noodles are an example of which type of good?

Answer Options

A. luxury good
B. normal good
Correct Answer C. inferior good
D. necessity good
Correct Answer
C
Correct Option:
inferior good

About This Question

This is Waec Model Questions Vol1 2017 Economics Question 23. It is one of the objective questions from the 2017 Waec Model Questions Vol1 Economics examination.

Difficulty level: Easy .

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