If a Consumer's Income Increases and If All Goods Are

question 38

Multiple Choice

If a consumer's income increases and if all goods are normal goods,

• A)the quantity bought of each good decreases.
• B)the quantity bought of some normal goods increases and of other normal goods decreases,but we can't make an accurate prediction.
• C)some goods become inferior because it isn't possible to buy all goods.
• D)the quantity bought of each good increases.
• E)the supply of all goods increases and the marginal utility from all goods decreases.

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Definitions:

Positive Reinforcement

A technique used in behavioral psychology to increase the likelihood of a desired behavior by following it with the addition of a reinforcing stimulus.

Punishment

A consequence that decreases the likelihood of a behavior being repeated, often used as a form of behavioral control.

Half-hearted Attempts

Efforts or actions carried out with minimal enthusiasm or commitment.

Learned Helplessness

A psychological condition in which a person has learned to believe they are powerless in a particular situation, often as a result of repeated failure or inability to control outcomes.