Which of the following is true regarding the demand for inferior goods?

The statement that demand for inferior goods is seen as less desirable as income rises is accurate because inferior goods are defined by the relationship between their demand and consumer income. As people’s incomes increase, they tend to purchase less of these goods because they can afford to buy higher-quality, more desirable substitutes. For instance, when an individual earns a higher income, they might opt for premium brands of food or upgraded transportation options instead of low-cost alternatives such as store-brand products or public transport, which are typically classified as inferior goods.

The other choices do not accurately depict the characteristics of inferior goods. Demand for inferior goods decreases with increased income, and while some inferior goods may be necessary, this is not a defining feature of them. Additionally, demand for inferior goods can still fluctuate based on price changes, just like normal goods, making the assertion about price changes inaccurate as well.