Soup Is an Inferior Good If the Demand

question 181

Multiple Choice

Soup is an inferior good if the demand

• A)for soup falls when the price of a substitute for soup rises.
• B)for soup rises when the price of soup falls.
• C)curve for soup slopes upward.
• D)for soup falls when income rises.

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Definitions:

Fibula

A slender bone positioned on the outer aspect of the tibia in the lower leg, crucial for ankle stability and aiding the muscles of the lower leg.

Metatarsals

The long bones in the foot that extend from the arch to the toes, participating in support and locomotion.

Tibia

The larger, stronger, and anterior of the two bones in the leg below the knee in vertebrates; it supports most of the body's weight.

Talus

A bone in the ankle that sits between the tibia and fibula bones of the lower leg and the calcaneus (heel bone), playing a crucial role in foot movement.