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    Principles of Economics Study Set 8
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    Exam 4: The Market Forces of Supply and Demand
  5. Question
    Figure 4-11 ​
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Figure 4-11 ​

Question 100

Question 100

Short Answer

Figure 4-11
​
Figure 4-11 ​    ​ -Refer to Figure 4-28. Using the points on the figure, describe the change that would occur if consumer incomes increase and this is an inferior good. ​
-Refer to Figure 4-28. Using the points on the figure, describe the change that would occur if consumer incomes increase and this is an inferior good.

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