FIGURE 4-3 -Refer to Figure 4-3. Starting with Initial Curves D₀ and Initial

Multiple Choice

FIGURE 4-3

-Refer to Figure 4-3. Starting with initial curves D₀ and S₀, which movement is consistent with an increase in both income and population, assuming that wool products are normal goods?

A) from Point A to Point F
B) from Point A to Point D
C) from Point A to Point B
D) from Point A to Point H