Peter's income increases and so does his consumption of both movies and pop, but his consumption of pop increases by less than his consumption of movies increases. Which one of the following statements is true for Peter?

Question

Answer

A movie is a normal good; pop is an inferior good.

Answer

A movie is an inferior good; pop is a normal good.

Answer

Movies and pop are both normal goods.

Answer

A movie is a normal good; we cannot tell whether pop is a normal good or an inferior good.

Answer

A movie is an inferior good; pop is an inferior good.

Crowdly

Peter's income increases and so does his consumption of both movies and pop, but...

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