If an Increase in Income Results in a Decrease in the Quantity

question 69

Multiple Choice

If an increase in income results in a decrease in the quantity demanded of a good, then the good is:

• A)a normal good
• B)a necessity
• C)an inferior good
• D)a luxury

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Definitions:

Thomas And Chess

Psychologists known for their research in child development and the concept of temperament.

Anxious Temperament

A predisposition to respond with fear, tension, and anxiety to situations that are not inherently threatening.

Cross-Sectional Study

A research method that analyzes data from a population, or a representative subset, at a specific point in time.

Teaching Method

A systematic approach or strategy used by educators to facilitate learning in students, which can vary widely depending on the subject matter, student needs, and educational goals.