____________ Is a Mineral Property Defined by the Density of the Mineral

question 37

Multiple Choice

____________ is a mineral property defined by the density of the mineral sample divided by the density of water (1g/cm3) .

• A)Color
• B)Specific gravity
• C)Luster
• D)Streak

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Definitions:

Income Effect

A change in the quantity demanded of a good or service as a result of a change in real income (purchasing power).

Inferior Good

A type of good for which demand declines as the income of individuals or the economy increases, opposite to normal goods.

Substitution Effect

The change in consumption patterns due to a change in the relative prices of goods, leading consumers to substitute a cheaper good for a more expensive one.

Income Effect

The alteration in a person's or an economy's earnings and the effect this alteration has on the demand for a product or service.