A Fall in the Price of DVD Players Leads Consumers

question 78

Multiple Choice

A fall in the price of DVD players leads consumers to buy more DVD players.From this information we can conclude that DVD players

• A)are normal goods.
• B)are inferior goods.
• C)are Giffen goods.
• D)None of the above is correct.

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Definitions:

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A genetic disorder resulting in the inability to metabolize the amino acid phenylalanine, necessitating a strict diet to prevent intellectual disability.

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A medical condition resulting from deficiencies or malfunctions of enzymes, affecting bodily processes.