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Question
Table 10-2| Quantity of Soup (cups) | Total Utility | Quantity of Sandwiches | Total Utility |
| 1 | 40 | 1 | 45 |
| 2 | 60 | 2 | 75 |
| 3 | 72 | 3 | 102 |
| 4 | 82 | 4 | 120 |
| 5 | 88 | 5 | 135 |
| 6 | 90 | 6 | 145 |
Refer to Table 10-2. Holding prices constant, when Keira's income changed from $18 to $23, her utility maximizing bundle changed. Based on your answers to her optimal choices at the two income levels, what type of goods are soup and sandwiches?
A) Soup is an inferior good and sandwiches are a normal good.
B) Soup is a normal good and sandwiches are an inferior good.
C) Both soup and sandwiches are normal goods.
D) Both soup and sandwiches are inferior goods.
Answer
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