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Exhibit 5-8 Supply and Demand Curves for Good X

Question 226

Multiple Choice

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


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

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