If the Income Elasticity of Demand for a Good Is

question 98

Multiple Choice

If the income elasticity of demand for a good is negative, then the good is:

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

---

Definitions:

Burial

The process of depositing sediments on top of or burying organic or geological material, affecting both archaeological and geologic contexts.

Metamorphism

The process by which a rock's structure or mineralogy is transformed due to extreme pressure and temperature conditions, without the rock melting.

Fault Scarp

A steep slope or cliff formed as a result of movement along a fault line, representing the visible expression of faulting.

Joint Set

A group of parallel, evenly spaced fractures or cracks in rocks, often resulting from the same stress regime.