Multiple Choice
Figure 5-11
-In Figure 5-11, a consumer is initially at point A.There is a price change and she moves to B.It follows that
A) the demand for beer follows the law of demand.
B) the demand for beer does not follow the law of demand.
C) wine is an inferior good.
D) the consumer is confused.
Correct Answer:

Verified
Correct Answer:
Verified
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