Multiple Choice
Suppose that hotdogs are inferior goods. Which of the following is true given an increase in consumer income?
A) An upward movement along the demand curve of hotdogs
B) A downward movement along the demand curve of hotdogs
C) A leftward shift in the demand curve of hotdogs
D) A rightward shift in the demand curve of hotdogs
E) No change in the demand curve of hotdogs
Correct Answer:
Verified
Correct Answer:
Verified
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