Multiple Choice
When a good is normal:
A) an increase in income raises consumption at each price, so the demand curve shifts to the left.
B) an increase in income raises consumption at each price, so the demand curve shifts to the right.
C) a decrease in income lowers consumption at each price, so the demand curve shifts to the right.
D) an increase in income lowers consumption at each price, so the demand curve shifts to the left.
Correct Answer:
Verified
Correct Answer:
Verified
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