This graph illustrates the demand for a normal good. A shift from A to B on the graph can be caused by • a) a price decrease. • b) a price increase. • c) an increase in income. • d) a decrease in income.

This graph illustrates the demand for a normal good. A shift from A to B on the graph can be caused by • a) a price decrease. • b) a price increase. • c) an increase in income. • d) a decrease in income.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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