An Inferior Good Is

question 49

Multiple Choice

An inferior good is

• A) one whose demand curve will shift rightward as incomes rise.
• B) one whose price and quantity demanded vary directly.
• C) one that has not been approved by the U.S. Food and Drug Administration.
• D) not accurately defined by any of these statements.

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Definitions:

HireDate

A term typically used in databases or employee management systems to denote the field that records the date an employee started working.

Top Values List

A list or query option in databases that allows retrieval of a specified number or percentage of records that meet certain criteria, sorted in descending order.

Query Options

The settings or parameters that can be adjusted to define or refine the results returned by a database query.

Datasheet View

A view in database applications that presents data in a tabular form, similar to a spreadsheet, facilitating easy data entry and modification.