Last year, Joan bought 50 pounds of hamburger when her household's income was $40,000. This year, her household income was only $30,000 and Joan bought 60 pounds of hamburger. All else constant, Joan's income elasticity of demand for hamburger is:A. positive, so Joan considers hamburger to be an inferior good. B. negative, so Joan considers hamburger to be a normal good but not a necessity. C. negative, so Joan considers hamburger to be an inferior good. D. positive, so Joan considers hamburger to be a normal good and a necessity.
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Last year, Joan bought 50 pounds of hamburger when her household's income was $40,000. This year, he...
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