A Good Is Said to Be "Normal" If

question 115

Multiple Choice

A good is said to be "normal" if

• A) it is of high quality.
• B) consumers buy more of it at a high price.
• C) it has few substitutes.
• D) it has a positive income elasticity of demand.

---

Definitions:

Energy Enhancer

Substances or activities that increase energy levels in the body, often used to improve physical or mental performance.

Essential-trait Approach

A theory in personality psychology focusing on a limited number of core traits that define and predict individual behavior.

Single-trait Approach

A methodology in personality psychology that focuses on how one specific trait influences a broad range of behaviors.

Many-trait Approach

A method in personality psychology that examines the correlation between a wide range of traits and specific behaviors.