Soup is an inferior good if the demand a. curve for soup slopes upward. b. for soup falls when income rises. c. for soup falls when the price of a substitute for soup rises. d. for soup rises when the price of soup falls.

Option B

Soup is an inferior good if the demand for soup falls when income rises.

Explanation:

An inferior good is a commercial term that represents a good whose demand diminishes when people's incomes expand.  It's essential to see that the head inferior good points to its affordability, preferably than its quality. The demand for inferior goods drops as income rises or the economy develops.

Some of the motives following this transfer may incorporate quality or a shift to a consumer's socio-economic situation. If we outline the quantity demanded on the x-axis and income level on the y-axis, we notice a downward sloping curve for an inferior good.

answer; the above statement is half right, but mayo was not known as the father of scientific management..so the above is ( w taylor was known as the father of scientific

answer; a large down payment,a longer term loan, would result in a lower monthly payment;