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    Microeconomics Principles and Policy Study Set 2
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    Exam 6: Demand and Elasticity
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    If the Income of Buyers Increases and a Company Maintains
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If the Income of Buyers Increases and a Company Maintains

Question 139

Question 139

Essay

If the income of buyers increases and a company maintains the same price, what is the most likely impact on quantity sold? Explain. Draw a graphical display of the result.

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The most likely result will be...

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