Solved

If Consumer Incomes Go Up and You Are Analyzing the Market

Question 31

Multiple Choice

If consumer incomes go up and you are analyzing the market for Harley Davidson motorcycles, the effect on the demand for motorcycles, ceteris paribus, will be


A) an upward movement along the demand curve for motorcycles.
B) a downward movement along the demand curve for motorcycles.
C) a rightward shift in the demand curve for motorcycles.
D) a leftward shift in the demand curve for motorcycles.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions