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QUESTON ONE
During Super Bowl people will want to eat pizzas when watching the game. Therefore the demand for pizzas during Super Bowl will automatically increase because the consumer will start buying pizzas more than before so that they can eat while watching Super Bowl. As such the demand curve will shift upwards for every price level.
QUESTION TWO
Inferior goods are those goods which when income increases the level of demand decreases and when income level decreases the demand for those commodities increases. While normal goods are those goods which when income increases the demand increases and as income falls the demand too decreases.
Beans will be classified as inferior goods because an increase in income, the demand of beans decreases.
Tuxedos will be classified as normal goods because an increase in income increases demand for the tuxedos.
Used cars will be classified as inferior goods this is because as income of people increases, the demand for this cars decreases.
Used clothing are classified as inferior goods because as income increases the demand for the used clothes decreases.
Computers are classified under normal goods because an increase in income leads to an increase in demand for computers.
Books reviewed in The New York Times are classified as inferior goods because as the income of people increases the demand falls while a decrease in the level of income leads to an increase of these books.
Macaroni and cheese fall under the inferior goods as income increase leads to decrease in demand of Macaroni and cheese, while a fall in the level of income leads to the increase in demand of the same.
Calculators are normal goods because when income increases the demand increases, then when income falls the level of too falls.
Cigarettes are classified as inferior goods because an increase in income will lead to a