Gruel Is an Inferior Good

question 252

Multiple Choice

Gruel is an inferior good. Hence, a decrease in people's incomes

• A) shifts the supply curve of gruel leftward.
• B) decreases the quantity of gruel supplied.
• C) shifts the demand curve for gruel rightward.
• D) shifts the demand curve for gruel leftward.

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Definitions:

Blood Glucose

The concentration of sugar in the bloodstream, which is critical for energy production in the body and is regulated by hormones like insulin.

Insulin Level

The concentration of insulin in the bloodstream, crucial for regulating blood glucose levels and metabolism.

Main Source of Energy

Generally refers to the primary fuels or resources that provide energy. For humans, this is often food, and for societies, it can be fossil fuels, nuclear power, or renewable sources like solar and wind.

Essential Nutrients

Substances that the body cannot synthesize in sufficient quantities and must be obtained through the diet, including vitamins, minerals, amino acids, and fatty acids.