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Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817Issues in Economics Today 7th Edition by Robert Guell
Edition 7ISBN: 978-0078021817 Exercise 6
An increase in the income of consumers will cause the
A) supply of all goods to rise.
B) demand for all goods to rise.
C) supply of all goods to fall.
D) the demand for some goods to rise and for others to fall.
A) supply of all goods to rise.
B) demand for all goods to rise.
C) supply of all goods to fall.
D) the demand for some goods to rise and for others to fall.
Explanation
Verified
Verified
Hence, option (a)is incorrect.
An increa...
Issues in Economics Today 7th Edition by Robert Guell
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