Which Statement Is TRUE of an Inferior Good

question 139

Multiple Choice

Which statement is TRUE of an inferior good?

• A)When income increases,demand remains unchanged.
• B)When income increases,demand decreases.
• C)When income increases,demand increases.
• D)Income and demand are unrelated.

---

Definitions:

Science Fiction

A genre of speculative fiction that typically deals with imaginative and futuristic concepts such as advanced science and technology, space exploration, time travel, and extraterrestrial life.

Piaget's Theory

A theory of cognitive development proposed by Jean Piaget that describes how children develop logical thinking and reasoning skills through four stages.

Formal Operational

The stage in Piaget's theory of cognitive development, typically beginning around age 12, characterized by the ability to think abstractly and reason logically.

Conversation Measures

Methodologies for analyzing the structure, content, and dynamics of conversations.