A Demand Curve for a Normal Good

question 451

Multiple Choice

A demand curve for a normal good

• A) slopes upward and to the right.
• B) is constructed based on the assumption that income is rising.
• C) is constructed based on the assumption that an inverse relationship exists between price and income.
• D) shows the inverse relationship between price and quantity demanded.

---

Definitions:

Actor-observer Effect

A bias in attribution theory where people tend to attribute their own actions to situational factors but others' actions to personal traits.

Voluntary

An action taken out of free will or choice, without compulsion or obligation.

Coerced

The act of compelling or forcing someone to act in a certain way by use of pressure or threats.

Internal Attributions

The process of assigning the cause of behavior to personal aspects such as traits, abilities, or feelings.