Which of the Following Statements Best Describes a Normal Good

question 52

Multiple Choice

Which of the following statements best describes a normal good?

• A) A normal good is a good that is rationed by the government.
• B) A normal good is a good that is readily available in the market.
• C) A normal good is a good whose supply increases with a decrease in its price.
• D) A normal good is a good whose demand increases with an increase in consumers' income.

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Definitions:

Voluntary Eye Movements

Movements of the eye that are intentionally controlled by the individual, such as looking in a specific direction.

REM Sleep

A stage of sleep characterized by rapid eye movements, more dreaming and bodily movement, and faster pulse and breathing.

Antabuse

A medication used to support the treatment of chronic alcoholism by producing an acute sensitivity to ethanol (drinking alcohol).

Antabuse

A medication used in the treatment of alcoholism that creates an adverse reaction to alcohol consumption.