The Difference Between Normal and Inferior Goods Is That

question 101

Multiple Choice

The difference between normal and inferior goods is that

• A)normal goods are of better quality than inferior goods
• B)an increase in price will shift the demand curve for a normal good rightward and the demand curve for an inferior good leftward
• C)if the price of a normal good increases, individuals who buy it are poorer; for inferior goods, the opposite is true
• D)an inferior good is something that will not be demanded until quantities of the normal good have been exhausted
• E)an increase in income will shift the demand curve for a normal good rightward and the demand curve for an inferior good leftward

---

Definitions:

Group Structure

The organized system of roles, norms, and relationships within a group that shapes members' interactions and the group's functioning.

Primary Groups

Small, closely knit social groups characterized by intimate, face-to-face interaction and long-term relationships.

Collectives

Groups or entities that act as a single unit, often sharing common interests, goals, or values.

Group Dynamics

The study of psychological processes involving interactions and behaviors within a group and how they are influenced by the group's structure and function.