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-Refer to the Above Figure

Question 108

Multiple Choice

-Refer to the above figure. The arrows show the direction of a shift in the demand curve of Good A. Which of the following would be the most likely reason for the shift in the demand curve if Good A is an inferior good? A) an increase in the price of Good A B) a decrease in the price of Good A C) a decrease in consumers' income D) an increase in consumers' income
-Refer to the above figure. The arrows show the direction of a shift in the demand curve of Good A. Which of the following would be the most likely reason for the shift in the demand curve if Good A is an inferior good?


A) an increase in the price of Good A
B) a decrease in the price of Good A
C) a decrease in consumers' income
D) an increase in consumers' income

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