If a 5 Percent Increase in Income Leads to a 10

question 116

Multiple Choice

If a 5 percent increase in income leads to a 10 percent increase in quantity demanded for airline travel, then airline travel is

• A)a necessity.
• B)a substitute for another good.
• C)a luxury.
• D)an inferior good.

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Definitions:

Fibrous Connective Tissue

A type of connective tissue that is dense with high tensile strength, making up tendons and ligaments.

Ejaculation

The release of semen from the male reproductive tract as a result of sexual climax.

Emission

The process of expelling substances, in physiology it often refers to the movement of semen into the urethra prior to ejaculation.

Erection

The physiological process resulting in an increased blood flow into the penis, leading to its enlargement and firmness.