In the diagrams below, D2 shows how the demand curve has shifted from D1. S2 shows how the supply has shifted from S1. Which diagram in Figure 6.1 best represents how demand and supply for a normal product would shift if the costs of production rise and incomes fall? A Price 52 51 B 52 S Price C Price a) A b) B c) C d) D D₂ D₁ ° Quantity 51 Quantity Price 0 D₁ Quantity 51 52 Quantity

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