Multiple Choice
A higher consumer income increases the demand for a particular good. The effect of this income on market demand usually is illustrated by:
A) a rightward shift in the demand curve
B) a leftward shift in the demand curve
C) a rightward movement along the demand curve
D) a leftward movement along the demand curve.
Correct Answer:

Verified
Correct Answer:
Verified
Q34: The law of demand says that when
Q35: A cross price elasticity of demand for
Q36: Suppose that demand and supply in
Q37: Suppose that when the price of
Q38: A cross price elasticity of demand for
Q40: Suppose that the market for newspaper is
Q41: Consider the following demand and supply
Q42: Which of the following explanations supports the
Q43: Let the price elasticity of demand
Q44: A rightward shift in supply and a