A Normal Good Is Defined as One

question 140

Multiple Choice

A normal good is defined as one:

• A)whose amount demanded will increase as its price decreases.
• B)whose amount demanded will increase as its price increases.
• C)whose demand curve will shift leftward as incomes rise.
• D)the consumption of which varies directly with incomes.

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Definitions:

Subclass

A subclass in object-oriented programming is a class that inherits from another class, known as its superclass, allowing for code reuse and polymorphic behavior.

Background

The part of a work's setting or context that provides relevant information about the environment or circumstances behind the main action or subject.

Foreground

The front part of a visual interface, usually containing elements with which a user directly interacts, as opposed to the background.

Methods

Blocks of code that perform specific tasks and can be called upon by name to execute those tasks within a program.