If a Turnip Is a Normal Good Then

question 38

Multiple Choice

If a turnip is a normal good then

• A)a small decrease in income increases the quantity of turnips demanded at the current price by a large amount.
• B)a large decrease in income increases the quantity of turnips demanded at the current price by a small amount.
• C)an increase in income increases the quantity demanded at the current price.
• D)an increase in income decreases the quantity demanded at the current price.
• E)an increase in price decreases the quantity demanded.

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Definitions:

Threatened Species

Threatened species are categories of organisms that are at risk of becoming endangered or extinct in the near future.

Extinct Species

Species that no longer exist, having died out completely.

Endangered Species

Species that are at risk of extinction due to declining population numbers, loss of habitat, or other environmental and ecological factors.

Threatened Species

Species that are at risk of extinction in the near future if the factors threatening their survival and reproduction are not mitigated.