Exhibit 4-14 -Refer to Exhibit 4-14.An Increase in Consumer Income Will Cause

question 87

Multiple Choice

Exhibit 4-14
-Refer to exhibit 4-14.An increase in consumer income will cause which of the following to happen if baby formula is an inferior good?

• A)demand shift from D₂ to D₁
• B)movement from b to a on demand curve D₁
• C)demand shift from D₁ to D₂
• D)movement from d to c on demand curve D₂
• E)none of the above

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