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:

Constitutional Traits

Inherent qualities or characteristics of an individual, determined by genetic factors and early life experiences, that influence their physical, mental, and emotional constitution.

Dynamic Traits

Refer to characteristics of an individual’s personality that are adaptive and can change in response to different situations or over time.

Assessment Technique

A method or procedure used to evaluate or measure an individual's ability, skill, competence, or characteristic.

T-data

This term is a shortened form for "test data," referring to information collected from psychological tests that aim to measure individual traits, abilities, or attitudes.