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Consider the Diagram, Where E Is the Consumer's Original Equilibrium

Question 218

Multiple Choice

Consider the diagram, where E is the consumer's original equilibrium position. We know good Y is not a normal good if, as income increases, the consumer's new equilibrium position is at point A) A B) B C) C D) D Consider the diagram, where E is the consumer's original equilibrium position. We know good Y is not a normal good if, as income increases, the consumer's new equilibrium position is at point


A) A
B) B
C) C
D) D

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