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-Refer to the Above Figure

question 108

Multiple Choice

  -Refer to the above figure. The arrows show the direction of a shift in the demand curve of Good A. Which of the following would be the most likely reason for the shift in the demand curve if Good A is an inferior good? A)  an increase in the price of Good A B)  a decrease in the price of Good A C)  a decrease in consumers' income D)  an increase in consumers' income
-Refer to the above figure. The arrows show the direction of a shift in the demand curve of Good A. Which of the following would be the most likely reason for the shift in the demand curve if Good A is an inferior good?


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