Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
B → A → C → D
B
A → B → D → C
C
B → C → D → A
D
A → D → C → B
Understanding the Answer
Let's break down why this is correct
Answer
To understand the sequence of these concepts, we start with consumer incomes decreasing. When people have less money, they may look for cheaper alternatives, leading to an increase in demand for inferior goods, which are products that people buy more of when their income falls. As demand for inferior goods rises, it can affect the overall market dynamics. If the prices of complementary goods, which are products often used together, rise, this can impact the demand for those complementary goods. Therefore, the correct order is B, A, C, and D, showing how changes in income influence buying behavior and market relationships.
Detailed Explanation
When people's incomes go down, they buy more inferior goods, which are cheaper options. Other options are incorrect because This option suggests that demand for inferior goods comes before incomes decrease; This option puts the price rise of complementary goods before incomes decrease.
Key Concepts
Inferior Goods
Complementary Goods
Consumer Behavior
Topic
Inferior and Complementary Goods
Difficulty
medium level question
Cognitive Level
understand
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