An Inferior Good Is

question 145

Multiple Choice

An inferior good is:

• A)one whose demand curve will shift rightward as incomes rise.
• B)one whose price and quantity demanded varies directly.
• C)one which has not been approved by the federal Ministry of Agriculture.
• D)one whose demand curve will shift leftward as income rise.

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Definitions:

Forensic Psychology

The branch of psychology concerned with intersections between psychological practice and research and the judicial system. Also related to the field of forensic psychiatry.

Confidentiality

The principle that certain professionals will not divulge the information they obtain from a client.

Forensic Psychology

The application of psychological principles and techniques to legal issues, including the assessment of individuals involved in the legal system.

Legal and Judicial Systems

The framework and institutions that establish and apply laws in a society, including courts, legislatures, and law enforcement.