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    Macroeconomics Study Set 57
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    Exam 3: Markets
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    Suppose the Graph Shown Depicts the Demand for a Normal
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Suppose the Graph Shown Depicts the Demand for a Normal

Question 49

Question 49

Multiple Choice

  Suppose the graph shown depicts the demand for a normal good. A movement from A to C might be caused by: A)  an increase in price. B)  a decrease in price. C)  an increase in income. D)  a decrease in income. Suppose the graph shown depicts the demand for a normal good. A movement from A to C might be caused by:


A) an increase in price.
B) a decrease in price.
C) an increase in income.
D) a decrease in income.

Correct Answer:

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