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Steak (units per Income-Consumption Curve month) 6 5 Hamburger 10 20 30(units per month) An Inferior Good An increase in a person's income can lead to less consumption of one of the two goods being purchased. Here,Hamburger,though a normal Good between A and B,becomes an inferior good when the income-Consumption Curve bends backward between B and C.Steak (units per month) Hamburger (units per month) 5 10 20 6 4 Income-Consumption Curve U2 U3 U1 30 A B C 5 An increase in a person’s income can lead to less consumption of one of the two goods being purchased. Here, Hamburger, though a normal Good between A and B, becomes an inferior good when the income-Consumption Curve bends backward between B and C. An Inferior Good
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