Premium beer is likely considered A. to have perfectly elastic demand. B. a normal good. C. to have inelastic demand. D. an inferior good.

B. a normal good

Explanation:

Premium beer is likely considered a normal good. A normal good is defined as a good that experiences an increase in its demand due to a rise in consumers' income, otherwise, demand is relatively low. That is because premium beer is more expensive than regular beer and not a necessity. Therefore, even though consumers may prefer the premium beer they will not purchase it if money is tight.

in terms of experimental research, mcdonald’s charging different prices in the two cities relates to

answer///supply is elastic, and demand is inelastic;