Assume That the Market for Baseballs Is in Equilibrium

question 152

Multiple Choice

Assume that the market for baseballs is in equilibrium.There is a sudden decrease in income throughout the economy.If all else is held constant,we would expect that if baseballs are a(n) ________ good,then the demand curve will shift to the ________,causing the equilibrium price and quantity to ________.

• A) inferior; left; fall
• B) normal; right; rise
• C) inferior; right; fall
• D) normal; left; fall
• E) normal; left; rise

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