If Income Increases and the Demand for Bus Rides Decreases

question 314

Multiple Choice

If income increases and the demand for bus rides decreases,

• A) bus rides are a normal good.
• B) consumers are behaving irrationally.
• C) bus rides are an inferior good.
• D) bus rides are a substitute good.
• E) bus rides must be a complement good with some other good.

---

Definitions:

Trichromatic Theory

A theory of color vision proposing that colors are perceived through the relative rates of response by three kinds of cones, each one sensitive to a range of wavelengths.

Opponent-process Theory

A psychological and physiological model that explains how humans perceive colors as the result of complex interactions between various neurons that process color in an antagonistic manner.

Somesthetic Senses

A group of senses that includes the sensations of touch, temperature, body position, and pain, originating from muscles, joints, skin, and other internal receptors.

Olfactory Receptor

Specialized cell or neuron responsible for detecting odors, situated in the nasal epithelium.