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Figure 62 Illustrates a Change in the Price of Soup

Question 13

Multiple Choice

Figure 6.2 illustrates a change in the price of soup.From the graph,we can conclude that: Figure 6.2 illustrates a change in the price of soup.From the graph,we can conclude that:   A)  the price of soup has increased and soup is a Giffen good. B)  the price of soup has fallen and soup is a Giffen good. C)  the price of soup has fallen and soup is a normal good. D)  the price of soup has fallen and bread is a Giffen good.


A) the price of soup has increased and soup is a Giffen good.
B) the price of soup has fallen and soup is a Giffen good.
C) the price of soup has fallen and soup is a normal good.
D) the price of soup has fallen and bread is a Giffen good.

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