Which of the Following Increases the Demand for a Good

question 20

Multiple Choice

Which of the following increases the demand for a good?

• A) a rise in the price of a complement
• B) the expectation that future income will be higher
• C) an increase in income, assuming the good is an inferior good
• D) a decrease in the number of buyers
• E) a fall in the price of a substitute

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Definitions:

Color Blindness

A visual deficiency where individuals have difficulty distinguishing between certain colors.

Amblyopia

A condition affecting vision development in which an eye cannot attain usual clarity, frequently called "lazy eye."

Ménière's Disease

A condition affecting the inner ear, resulting in episodes of dizziness (vertigo) and a decline in hearing capability.

Otitis Externa

An infection of the outer ear canal, often referred to as "swimmer's ear," which can cause pain and swelling.