On What Basis Is a Good Considered Either a Normal

question 278

Multiple Choice

On what basis is a good considered either a normal good or an inferior good?

• A) the quality of the good
• B) the price of the good
• C) personal preference toward the good
• D) the amount of a person's income

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Definitions:

Mnemonics

Memory aids or strategies that improve recall through the use of organizational techniques or visual, auditory, and other sensory cues.

Retrieval Cue

A hint or signal that helps one to recall a memory.

Mnemonic

A tool or strategy designed to help remember information, often by association with something easier to remember.

Flashbulb

Refers to vivid, detailed memories of significant events, which seem to be recorded in the mind just as a flashbulb captures a moment in photography.