Ithe Object You Want to Use as a Visual Aid

question 43

Multiple Choice

Ithe object you want to use as a visual aid is not available, the next best option ideally is a

• A) model.
• B) chart.
• C) slide.
• D) photograph.
• E) drawing.

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Definitions:

Labor

The physical and mental effort used to produce goods and services.

Normal Good

A good for which demand increases when consumer income rises, and decreases when consumer income falls.

Inferior Good

A type of good whose demand decreases when consumer income rises, contrary to normal goods, which see increased demand as incomes rise.

Inferior Good

A type of good whose demand decreases when the income of consumers increases.