If the price of a product goes up by 10% and the quantity demanded goes up by 20% the product is an inferior good.

select the best answer from the choices provided

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f

Hello there!

False

Explanation:

The reason why "false" would be the correct answer is because in this situation, this would not be an inferior good. The reason why this wouldn't be an inferior good is because an inferior good occurs when a product, or good's demand decreases, while the income increases. In the question is says that the price goes UP by 10% and the demand goes UP by 20%. This would be known as a "Giffen Good." It's a giffen good because both the demand and price of the product increases. If the demand for the product decreases and the price increases in this, then it would be a inferior good, but the demand only increases. This is the reason why "false" would be the correct answer.

A negative health and fitness advertisement is such that lies to people with false promises, and misleads. A common example of this it's supplements ads, they are design to make people feel and believe that they can achieve physical wellness and a fitness stage by just consuming these products, which is a complete lie. They don't put in the ads that they need proper nutrition and regular exercise to not overload the body with proteins which will transform in fat if they don't move to the gym.

A positive health and fitness advertisement doesn't mislead, and doesn't abuse people's ignorance. This ads directly or indirectly says to people that magic pills don't exist, wellness and fitness comes with effort and determination. For example, a advertisement that offers a training program that doesn't directly guarantee weight loss but motivational and educational advice on how to lose weight properly.