Figure 3-1 -In Figure 3-1,if Both a and B Are Normal Goods,the

question 108

Multiple Choice

Figure 3-1
-In Figure 3-1,if both A and B are normal goods,the effect of an increase in income is best shown by the

• A)shift of D₂ to D₁ in Graph A.
• B)movement along D₀ from P₂ to P₁ in Graph B.
• C)movement along D₀ from P₁ to P₂ in Graph B.
• D)shift of D₁ to D₂ in Graph A.

---

Definitions:

Fault

A defect, mistake, or error in a system or character that often leads to malfunction or adverse outcomes.

Legal Theory Of Negligence

A legal doctrine that makes a person or entity liable for harm caused by failing to act as a reasonably prudent person would under the same circumstances.

Reasonable Person

A hypothetical individual in law whose behavior serves as a standard of care to determine negligence by comparing actions to those expected of a typical person.

Ordinary Prudence

A standard of care that refers to the caution, attention, or skill a reasonable person would use under similar circumstances.