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.

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Definitions:

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord.

Somatic Nervous System

The part of the peripheral nervous system that handles voluntary control of body movements through control of skeletal muscles.

Endocrine System

A network of glands in the body that produce and release hormones directly into the bloodstream to regulate the body's growth, metabolism, and sexual development and function.

Peripheral Nervous System

The part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, responsible for connecting the central nervous system to limbs and organs.