If Tortilla Chips Are a Normal Good,when There Is an Increase

question 17

Multiple Choice

If tortilla chips are a normal good,when there is an increase in income,equilibrium price _____ and equilibrium quantity _____.

• A)decreases;increases.
• B)decreases;decreases.
• C)increases;increases.
• D)increases;decreases.

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Definitions:

Manic Episodes

Periods of abnormally elevated mood and energy levels, often found in bipolar disorder, that can affect behavior and functioning.

Bipolar I Disorder

A mental health condition characterized by extreme mood swings that include emotional highs (mania) and lows (depression).

European American

An American citizen or resident who is of European descent.

Cyclothymic Disorder

A mood disorder characterized by periods of hypomanic symptoms as well as periods of depressive symptoms that are not severe enough to qualify as major depressive episodes.