Which of the Following Decreases the Demand for an Inferior

question 496

Multiple Choice

Which of the following decreases the demand for an inferior good?

• A) an increase in income
• B) a decrease in the price of a complement
• C) a decrease in income
• D) an increase in the price of a substitute

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Definitions:

Revolution of 1905

A wave of mass political and social unrest that spread through the Russian Empire, including strikes, peasant unrest, and military mutinies, leading to constitutional reform.

Bolshevik Party

A faction of the Russian socialist movement that eventually led the October Revolution of 1917, establishing the Soviet Union.

Russian Revolution

A period of political and social revolution across the territory of the Russian Empire, which led to the downfall of the Tsarist autocracy and led to the establishment of the Soviet Union.

Vladimir Lenin

Vladimir Lenin was a Russian revolutionary leader and political theorist who led the Bolshevik Party to power in the October Revolution of 1917, becoming the founding head of the Soviet State.