Can substitute goods both be inferior?

Suppose that bananas are an inferior good and that apples are a normal good. If there is an increase in the price of bananas, which of the following ... inferior good is one whose demand drops when people's incomes rise.When incomes are low or the economy contracts, inferior goods become a more affordable ... The diagrams below show the link between a household's preferences, as shown by its indifference curves, and its income elasticity of demand for the X good. In ... Oct 20, 2019 ... An inferior good means an increase in income causes a fall in demand. It is a good with a negative income elasticity of demand (YED). Apr 24, 2025 ... An inferior good can have the same quality as a normal good, although this isn't a guarantee. Rather, the term refers to the affordability of ... Mar 4, 2025 ... What are inferior goods? An inferior good is a commodity that people buy less of when their income rises. Inferior goods are low-quality ... Mar 20, 2024 ... What are examples of normal and inferior goods? Using coffee as an example, a normal good would be a more expensive Starbucks Frappuccino, and ... An inferior good is a type of product whose demand decreases as consumers' income increases. In other words, when people earn more money, they tend to buy less ... There are many examples of inferior goods, including cheap cars, public transit options, payday lending, and inexpensive food. The shift in consumer demand for ... Apr 30, 2015 ... People commonly assume (or assert) that public transport is an “inferior good“, or something that people consume less of as their incomes increase.