An Increase in Buyers' Incomes

question 157

Multiple Choice

An increase in buyers' incomes

• A) increases the quantity demanded of a good
• B) decreases the quantity demanded of a good
• C) increases the demand for a normal good
• D) increases the demand for an inferior good
• E) decreases the quantity demanded of a normal good

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Definitions:

Percent

A numerical value or ratio expressed as a fraction of 100, commonly used to describe proportions or comparisons between quantities.

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Modifications or adjustments made to documents, software, or systems, often aimed at improvement or correction.