Multiple Choice
Assuming that bus travel is an inferior good, an increase in consumer income, other things being equal, will cause a(n) :
A) upward movement along the demand curve for bus travel.
B) downward movement along the demand curve for bus travel.
C) rightward shift in the demand curve for bus travel.
D) leftward shift in the demand curve for bus travel.
Correct Answer:
Verified
Correct Answer:
Verified
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