Assume That Brand X Is an Inferior Good and Name

question 59

Multiple Choice

Assume that brand X is an inferior good and name brand Y is a normal good. An increase in consumer income, other things being equal, will cause a/an:

• A) upward movement along the demand curve for name brand Y.
• B) downward movement along the demand curve for brand X.
• C) rightward shift in the demand curve for brand X.
• D) leftward shift in the demand curve for brand X.

---

Definitions:

Uninvolved

A parenting style characterized by a lack of responsiveness to a child's needs and a general disengagement from their life.

Parents

The guardians responsible for raising and nurturing a child, which can include biological, adoptive, step, or foster parents.

Homogenous

Characterized by similarity or uniformity in structure, composition, or nature.

Cultural Context

Refers to the environment and social factors that influence the values, practices, and behaviors of individuals and communities.