Multiple Choice
Figure 3.7 
-Refer to Figure 3.7.Assume that the graphs in this figure represent the demand and supply curves for used movie tickets, an inferior good.Which panel describes what happens in this market as a result of a decrease in income?
A) Panel (a)
B) Panel (b)
C) Panel (c)
D) Panel (d)
Correct Answer:
Verified
Correct Answer:
Verified
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