If Tofu Is a Normal Good, an Increase in Income

question 231

Multiple Choice

If tofu is a normal good, an increase in income will:

• A) cause tofu to sell at a lower price.
• B) increase the production of tofu.
• C) shift the demand curve for tofu to the left.
• D) shift the demand curve for tofu to the right.
• E) rotate the supply curve in a clockwise manner.

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Definitions:

SAE

Society of Automotive Engineers, an organization that sets standards for engineering professionals in various industries, especially automotive.

Manufacturer-Specific

Pertaining to features, parts, or protocols that are unique to a particular brand or maker's products.

Fuel Trim

An adjustment to fuel delivery by the engine control module, based on input from the oxygen sensors.

Fuel Delivery

The system or process responsible for supplying fuel from the fuel tank to the engine's combustion chamber.