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Figure: Shifts in Demand and Supply IV Use the following to answer questions : Figure: Shifts in Demand and Supply IV   -(Figure: Shifts in Demand and Supply IV)  Look at the figure Shifts in Demand and Supply IV. The figure shows how supply and demand might shift in response to specific events. Suppose consumer incomes increase. Which panel BEST describes how this will affect the market for big-screen televisions, a normal good? A) panel A B) panel B C) panel C D) panel D
-(Figure: Shifts in Demand and Supply IV) Look at the figure Shifts in Demand and Supply IV. The figure shows how supply and demand might shift in response to specific events. Suppose consumer incomes increase. Which panel BEST describes how this will affect the market for big-screen televisions, a normal good?


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

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