Long-Distance Travel by Bus Is an Inferior Good

question 221

Multiple Choice

Long-distance travel by bus is an inferior good. As peopleʹs incomes increase and other things remain the same, you predict that the

• A) demand for long-distance travel by bus will increase as the price of long-distance travel by bus falls.
• B) price of long-distance travel by bus will fall and the demand for long -distance travel by bus will increase.
• C) price of long-distance travel by bus will fall.
• D) demand for long-distance travel by bus will decrease and the price will rise.

---

Definitions:

Most Important Points

Key elements or critical information that are essential to understand a topic or argument.

Warm Feelings

Sensations of affection, fondness, or comfort towards others or within oneself.

Purpose

The reason for which something is done or created or for which something exists.

Persuasive Request

A communication method aimed at convincing someone to grant a favor, permission, or approval.