Good a Is a Normal Good If

question 97

Multiple Choice

Good A is a normal good if

• A)a rise in the price of a complement causes the demand for A to decrease.
• B)income and the demand for A are negatively related.
• C)a rise in the price of a substitute causes the demand for A to increase.
• D)the demand for A increases when income rises.
• E)good A satisfies the law of demand.

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Definitions:

Authoritative Requests

Demands or commands given by a person in a position of power, which are expected to be followed without question.

Region of Inattention

Areas or aspects that are ignored or overlooked within a certain context, especially in cognitive psychology or information processing.

Coercive Power

The ability to control others through the threat of punishment or the imposition of unpleasant conditions.

Positive Outcomes

The beneficial or desired results of an action or set of actions, often used in the context of goals and objectives.