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When a molecule jumps from a rotational energy level characterized by the rotational quantum number J to one characterized by J − 1,the difference in energy of levels J and J − 1,EJ − EJ − 1,is
Income Effect
The change in an individual's or market's consumption resulting from a change in real income.
Inferior Good
A type of good for which demand decreases as the income of consumers increases.
Convex Preferences
A preference structure where a consumer prefers mixtures or averages of two goods or bundles to extreme amounts of one good or bundle.
Utility Function
A mathematical representation in economics that quantifies the satisfaction or happiness an individual gains from consuming various bundles of goods and services.
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