If a Good Is Inferior and Income Decreases Then

question 179

Multiple Choice

If a good is inferior and income decreases then

• A)the demand curve will shift to the right.
• B)the demand curve will shift to the left.
• C)the supply curve will shift to the right.
• D)the supply curve will shift to the left..

---

Definitions:

Observer Bias

A form of bias that occurs when the presence or expectations of the observer inadvertently influence the behavior of subjects or interpretation of data.

Techniques

Specific methods or ways of doing something, usually referring to a skill or craft.

Correlation

A statistical measure that indicates the degree to which two or more variables fluctuate together.

Achievement Motivation

A drive or desire to excel or achieve in tasks, leading individuals to pursue goals with determination and persistence.