Assuming That Hamburger Is an Inferior Good, an Increase in Consumer

question 106

Multiple Choice

Assuming that hamburger is an inferior good, an increase in consumer income, other things being equal, will cause a(n) :

• A) upward movement along the demand curve for hamburger.
• B) rightward shift in the demand curve for hamburger.
• C) downward movement along the demand curve for hamburger.
• D) leftward shift in the demand curve for hamburger.

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Definitions:

Conscientious

Personifying carefulness, diligence, and the desire to do a task well.

Neurotic

Referring to a personality trait characterized by anxiety, moodiness, worry, or other feelings of distress.

Openness To Experience

Openness to experience is a personality trait characterized by a willingness to try new things, be creative, think abstractly, and engage in diverse experiences.

Conscientiousness

A personality trait characterized by being thorough, careful, or vigilant; it implies a desire to do a task well.