Figure 4.5.2 -Refer to Figure 4.5.2 Above. When the Snob Effect Is

Multiple Choice

Figure 4.5.2
-Refer to Figure 4.5.2 above. When the snob effect is at work, a decrease in price causes:

A) a move from A to B, and then to C
B) a move from A to C, and then to B
C) a move from A to B, and then from C to A
D) an unpredictable change in quantity