A Normal Good Is One

question 85

Multiple Choice

A normal good is one:

• A) whose amount demanded will increase as its price decreases.
• B) whose amount demanded will decrease as its price decreases.
• C) whose demand curve will shift leftward as incomes rise.
• D) the consumption of which varies directly with incomes.

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Definitions:

Sensory Acuity

The ability of an organism to detect slight variations or changes in the environment through its sense organs.

Learning Needs

These are the gaps in knowledge that learners must bridge in order to acquire new skills or understanding.

Type 2 Diabetes

A chronic condition characterized by insulin resistance and high blood sugar levels, often associated with obesity and lifestyle factors.

Finger Stick

A minor procedure involving a quick, small prick on the finger to collect a blood sample for testing.