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Exhibit 5-8 Supply and Demand Curves for Good X

Question 132

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Exhibit 5-8 Supply and demand curves for good X
Exhibit 5-8 Supply and demand curves for good X ​   -As shown in Exhibit 5-8, assuming good X is a normal good, a decrease in consumer income, other factors held constant, will move the equilibrium from point E to point: A)  X. B)  Z. C)  Y. D)  W.
-As shown in Exhibit 5-8, assuming good X is a normal good, a decrease in consumer income, other factors held constant, will move the equilibrium from point E to point:


A) X.
B) Z.
C) Y.
D) W.

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