Long-Distance Travel by Bus Is an Inferior Good

question 56

Multiple Choice

Long-distance travel by bus is an inferior good. As people's incomes increase and other things remain the same, you predict that the

• A) price of long-distance travel by bus will fall and the demand for long-distance travel by bus will increase.
• B) price of long-distance travel by bus will fall.
• C) demand for long-distance travel by bus will decrease and the price will rise.
• D) demand for long-distance travel by bus will increase as the price of long-distance travel by bus falls.

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Definitions:

Scientific Community

A collective of scientists and researchers who share knowledge, collaborate on projects, and contribute to the advancement of science through publications and peer review.

Thorndike

An American psychologist famous for his work on learning theory that led to the development of operant conditioning within behaviorism.

Skinner

B.F. Skinner was a psychologist and behaviorist who developed theories of operant conditioning and introduced the concept of reinforcement.

Skinner Box

An experimental device used in behavior analysis to study animal behavior, particularly the effects of reinforcements on behavior.