If an Increase in a Consumer's Income Causes the Consumer

question 44

Multiple Choice

If an increase in a consumer's income causes the consumer to decrease her quantity demanded of a good, then the good is

• A) a substitute good.
• B) a normal good.
• C) a complementary good.
• D) an inferior good.

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Definitions:

Personalities

Individual differences in characteristic patterns of thinking, feeling, and behaving.

Genetically Based

Characteristic or conditions determined by genes and hereditary factors.

Behavioral Tendencies

Patterns of action or reactions that are consistent over time, often reflecting underlying personality traits.

Birth Order

The theory that suggests an individual's rank by age among siblings influences their personality and behavior.