Matt Graduates from College and Gets a Job Paying $70,000

Matt graduates from college and gets a job paying $70,000 a year. While in school, he consumed 5 pounds of chicken and 10 pounds of shrimp a month. After he starts working, he consumes 4 pounds of chicken and 12 pounds of shrimp a month. If everything else is held constant, we know that

A) chicken and shrimp are normal goods for Matt.
B) chicken is an inferior good and shrimp is a normal good for Matt.
C) chicken is an inferior good for Matt.
D) shrimp is a normal good for Matt.

Correct Answer:

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