Wind Speed Is Measured by Means of

question 83

Multiple Choice

Wind speed is measured by means of

• A) a psychrometer.
• B) an anemometer.
• C) a wind vane.
• D) a barometer.

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Definitions:

Complements

Goods or services that are used together, where the use of one increases the demand for the other.

Income Elasticity of Demand

A measure of how much the quantity demanded of a good responds to a change in consumers' income, holding all other factors constant.

Inferior Good

An inferior good is a type of good whose demand decreases when consumer income rises, unlike normal goods, where demand increases with rising consumer income.

Normal Good

A type of good for which demand increases when income increases, and vice versa, displaying a positive correlation between income and demand.