Which Statement Is Definitely True About Shelter in the Graph

question 35

Multiple Choice

Which statement is definitely true about shelter in the graph above.

• A)The demand curve is negatively sloped over the price range shown
• B)It is clearly a normal good throughout the range shown
• C)It is an inferior good throughout the range shown
• D)The income and substitution effects must be shown before any of the above statements can be definitely true

---

Definitions:

Positive Affect

A psychological condition marked by feelings of joy, enthusiasm, and contentment, reflecting a high level of well-being and happiness.

Social Activity

Engaging in activities that involve interaction with others in the society or community.

Twin-Study Method

A research design used in genetics and psychology to compare the influence of environment and genetics on traits by studying twins raised together and apart.

Genetic Influence

The impact of genes inherited from parents on the physical and behavioral characteristics of an individual.