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    Economics Study Set 6
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    Exam 3: Where Prices Come From: the Interaction of Demand and Supply
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    Figure 3-1 -Refer to Figure 3-1.If the Product Represented Is a Normal
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Figure 3-1 -Refer to Figure 3-1.If the Product Represented Is a Normal

Question 116

Question 116

Multiple Choice

Figure 3-1 Figure 3-1   -Refer to Figure 3-1.If the product represented is a normal good,a decrease in income would be represented by a movement from A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.
-Refer to Figure 3-1.If the product represented is a normal good,a decrease in income would be represented by a movement from


A) A to B.
B) B to A.
C) D1 to D2.
D) D2 to D1.

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