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Ans-1:
Here in the given question, the commodity which they are talking about is beef which is a kind or we can say a special type of inferior good.
To understand the concept in a better manner we need to have the understanding of the concepts of kind of goods or the classification of the two type of goods (Economics Discussion. (2018). One is known as the superior goods also known as normal goods in this case the quantity demanded rises with the increase in the level of income of the consumer which clearly states that in case of superior goods there is a direct relationship between income and demand.
On the contrary in case of inferior goods, the quality of the product is very poor and hence not many such products are required by the consumers and hence the demand for these products are low even if the purchasing capacity for the consumers that are their income is increasing or is in a rising trend.
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