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    Modern Principles of Economics
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    Exam 4: Equilibrium: How Supply and Demand Determine Prices
  5. Question
    Figure: Four Panel 2 Which of the Four Panels
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Figure: Four Panel 2 Which of the Four Panels

Question 153

Question 153

Multiple Choice

Figure: Four Panel 2 Figure: Four Panel 2   Which of the four panels shows an increase in income on an inferior good? A)  Panel A B)  Panel B C)  Panel C D)  Panel D Which of the four panels shows an increase in income on an inferior good?


A) Panel A
B) Panel B
C) Panel C
D) Panel D

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