A Turnip Is an Inferior Good If

question 181

Multiple Choice

A turnip is an inferior good if

• A)an increase in the price of a turnip decreases the quantity of turnips that consumers want to buy.
• B)an increase in income decreases the demand for turnips.
• C)an increase in income increases the demand for turnips.
• D)turnips violate the law of demand.
• E)turnips are a low quality good.

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Definitions:

Natural Selection

A fundamental mechanism of evolution where organisms better adapted to their environment tend to survive and produce more offspring.

Homologous Traits

Traits shared by two or more species that were inherited from a common ancestor.

Drug Resistance

The reduction in effectiveness of a medication such as an antimicrobial or an antineoplastic in curing a disease or condition.

Virions

The complete, infective form of a virus outside a host cell, consisting of RNA or DNA within a protective protein coat.