If the Demand for a Product Increases as the Result

question 38

Multiple Choice

If the demand for a product increases as the result of a decline in income, it can be concluded that the

• A) product is an inferior good.
• B) demand for the product is inelastic.
• C) price elasticity of demand for the product equals unity.
• D) demand for the product is elastic.

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Definitions:

Auxiliary Winding

A secondary winding in a motor or transformer used to provide additional electrical pathways or support the main winding.

Locked-Rotor Starting

A method of starting electric motors where the rotor is prevented from turning initially, causing high starting torque and current.

Induction Motor

An electric motor that operates by inducing an electromagnetic field in the rotor, rather than through direct electrical connection.

Synchronous Speed

The speed at which the magnetic field in an AC motor rotates, directly related to the frequency of the current supply and the number of poles in the motor.