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-In the Above Figure, an Increase in Income Is Best

Question 278

Multiple Choice

  -In the above figure, an increase in income is best demonstrated by a A)  shift of D1 to D2 in Graph A, if good A is a normal good. B)  shift of D2 to D1 in Graph A, if good A is a normal good. C)  movement along D0 from P1 to P2 in Graph B. D)  movement along D0 from P2 to P1 in Graph B.
-In the above figure, an increase in income is best demonstrated by a


A) shift of D1 to D2 in Graph A, if good A is a normal good.
B) shift of D2 to D1 in Graph A, if good A is a normal good.
C) movement along D0 from P1 to P2 in Graph B.
D) movement along D0 from P2 to P1 in Graph B.

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