Solved

-Suppose the Quantity of Sodas and the Quantity of Popcorn

Question 80

Multiple Choice

  -Suppose the quantity of sodas and the quantity of popcorn are on an indifference curve/budget line diagram. An increase in income shifts the budget line ________ and, if popcorn is a normal good, shifts the demand curve for popcorn ________. A)  rightward; rightward B)  rightward; leftward C)  leftward; rightward D)  leftward; leftward
-Suppose the quantity of sodas and the quantity of popcorn are on an indifference curve/budget line diagram. An increase in income shifts the budget line ________ and, if popcorn is a normal good, shifts the demand curve for popcorn ________.


A) rightward; rightward
B) rightward; leftward
C) leftward; rightward
D) leftward; leftward

Correct Answer:

verifed

Verified

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

Related Questions