Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions :
Figure: Shifts in Demand and Supply II
-(Figure: Shifts in Demand and Supply II) Look at the figure Shifts in Demand and Supply II. The graph shows how supply and demand might shift in response to specific events. Suppose consumer incomes decrease. Which panel BEST describes how this will affect the market for used clothing, an inferior good?

A) panel A
B) panel B
C) panel C
D) panel D