If Consumers' Incomes Increase and the Demand for Bus Rides

question 213

Multiple Choice

If consumers' incomes increase and the demand for bus rides decreases

• A) bus rides are a normal good.
• B) consumers are behaving irrationally.
• C) bus rides are an inferior good.
• D) none of the above.

---

Definitions:

Volunteer Bias

A form of selection bias occurring when the characteristics of volunteers differ from those of the non-volunteers, potentially affecting the study's outcome.

Bookbinding Strength

The measure of durability and resistance to damage of the binding of a book, ensuring its longevity and usability.

Repetition

The act of repeating something, such as an exercise or a learning activity, to improve skill or memorization.

Type Of Glue

The specific chemical formulation or characteristics of an adhesive substance used for bonding materials together.