At the End of the Recession in 2009, as Incomes

question 81

Multiple Choice

At the end of the recession in 2009, as incomes recovered, sales of Alcool NB Liquor's own brand of low-priced beer were low.At the same time sales of premium products rose.The decrease in demand for Alcool NB Liquor's low-priced beer despite the increase in incomes indicates that this brand of beer is considered a(n)

• A)normal good.
• B)inferior good.
• C)complementary good.
• D)substitute good.

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Definitions:

Sublimation

A psychological defense mechanism where socially unacceptable impulses or idealizations are transformed into socially acceptable actions or behavior.

Projecting

A defense mechanism where one attributes one's own unacceptable thoughts or feelings to others.

Identifying

The process of recognizing and labeling specific elements or characteristics as belonging to a certain category.

Sublimating

Sublimating is a defense mechanism proposed by Freud where negative urges and impulses are converted into socially acceptable behaviors.