An Inferior Good Is One for Which

question 101

Multiple Choice

An inferior good is one for which

• A) demand increases as income increases.
• B) demand decreases as income increases.
• C) the demand curve is vertical.
• D) the demand curve slopes up.

---

Definitions:

Perception

The process of interpreting and understanding sensory information.

Sensory Information

Data received through the senses (sight, hearing, touch, taste, and smell), which is processed by the brain to understand the environment.

Neural Impulses

Electrical signals transmitted along neurons that facilitate the communication between the brain and different parts of the body.

Kinesthesia

The perception that recognizes the position of the body, the mass it carries, or the motion of the muscles, tendons, and joints.