A Decrease in Income Causes Demand for a Normal Good

question 11

Multiple Choice

A decrease in income causes demand for a normal good to ________, and an increase in income causes demand for an inferior good to ________.

• A) decrease; decrease
• B) increase; increase
• C) decrease; increase
• D) increase; decrease

---

Definitions:

Guilty Pleasure

An activity or item that one enjoys despite feeling guilt for enjoying it, usually due to social perceptions or its trivial nature.

Approach-Avoidance

Involves the psychological conflict that occurs when an individual is simultaneously attracted to and repelled by the same object, idea, or action.

Marketing Managers

Professionals responsible for planning, executing, and overseeing marketing strategies and campaigns to promote products or services and increase market share.

Negative Impact

Adverse effects or outcomes that result from a particular action or event.