If the Demand for Digital Cameras Increases When Consumers' Incomes

question 97

Multiple Choice

If the demand for digital cameras increases when consumers' incomes rise, then digital cameras are

• A) an inferior good.
• B) a normal good.
• C) made using advanced technology.
• D) a substitute for camcorders.
• E) a complement to camcorders.

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Definitions:

Female

Female is a term used to describe the sex of an individual that typically possesses two X chromosomes and is capable of bearing offspring or producing eggs.

Low-Income Individuals

People who earn significantly less than the average income for their community or country, often resulting in financial hardship.

Male

Referring to the sex that is typically associated with the production of small gametes for reproduction, often associated with specific physiological and genetic features.

Flashbacks

Intense, vivid memories that feel as though a person is reliving a traumatic event from the past.