If a Consumer Purchases More of Good a When Her

question 207

True/False

If a consumer purchases more of good A when her income falls, good A is an inferior good.

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Definitions:

Displacement

In psychology, a defense mechanism where mind substitutes a new aim or object for goals felt in their original form to be dangerous or unacceptable.

Psychosexual Development

Psychosexual development is a Freudian concept describing how personality develops through stages centered on erogenous zones from infancy to adulthood.

Oral Stage

A term from Freudian psychoanalysis referring to the first stage of psychosexual development, focusing on pleasure centers around the mouth.

Suck

To draw into the mouth by forming a partial vacuum by action of the lips and tongue, often used in the context of consuming liquids or as an infant's reflex.