In the Case of a Normal Good, an Increase in Consumers

question 232

Multiple Choice

In the case of a normal good, an increase in consumers' incomes would shift the

• A)demand curve inward
• B)supply curve inward
• C)supply curve outward
• D)supply and demand curves inward
• E)demand curve outward

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Definitions:

Genetic Predisposition

The increased likelihood of developing a particular disease or condition based on a person's genetic makeup.

Mitochondrial DNA

The DNA located in the mitochondria, transmitted maternally, and used in genetic studies and evolutionary biology.

Lactase Retention

The continued production of the enzyme lactase into adulthood, allowing for the digestion of lactose found in milk; varies genetically among populations.

Herding

The practice of raising and managing groups of domesticated animals, often large herds of livestock, moved from place to place to graze on pasture.