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-In the Above Figure, an Increase in Income Is Best

Question 249

Multiple Choice

  -In the above figure, an increase in income is best demonstrated by a A) shift of D₁ to D₂ in Graph A, if good A is a normal good. B) shift of D₂ to D₁ in Graph A, if good A is a normal good. C) movement along D₀ from P₁ to P₂ in Graph B. D) movement along D₀ from P₂ to P₁ in Graph B.
-In the above figure, an increase in income is best demonstrated by a


A) shift of D₁ to D₂ in Graph A, if good A is a normal good.
B) shift of D₂ to D₁ in Graph A, if good A is a normal good.
C) movement along D₀ from P₁ to P₂ in Graph B.
D) movement along D₀ from P₂ to P₁ in Graph B.

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