Multiple Choice
If Hamburger Helper is an inferior good, then, ceteris paribus, a decrease in income will lead to
A) a leftward shift of the demand curve for Hamburger Helper.
B) a rightward shift of the demand curve for Hamburger Helper.
C) a movement up along the demand curve for Hamburger Helper.
D) a movement down along the demand curve for Hamburger Helper.
E) an initial movement up and then down along the demand curve for Hamburger Helper.
Correct Answer:
Verified
Correct Answer:
Verified
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