Which of the Following Will Not Cause an Increase in Demand

question 4

Multiple Choice

Which of the following will not cause an increase in demand for good X?

• A)a decrease in income if good X is an inferior good
• B)an increase in income if good X is a normal good
• C)a decrease in the price of good X
• D)an increase in consumers' taste for good X

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Definitions:

Relationship

The way in which two or more concepts, objects, or people are connected, or the state of being connected.

Rewarding

Providing a positive benefit or reinforcement following a desired behavior, thereby increasing the likelihood of its future occurrence.

Learned Optimism

The concept of developing a more positive outlook on life through techniques that challenge and change negative beliefs and attitudes.

Internal/External

Refers to perspectives, influences, or factors originating from within or from outside an entity.