An Increase in Consumers' Incomes Causes the ______

question 137

Multiple Choice

An increase in consumers' incomes causes the ______.

• A) supply curve to shift to the right
• B) demand curve to shift to the right
• C) supply curve to shift to the left
• D) demand curve to shift to the left

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Definitions:

Powerhouse

An entity, organization, or person possessing great energy, strength, or potential to influence.

Connotations

The associated or secondary meaning of a word or expression in addition to its explicit or primary meaning.

Terms

Specific words or expressions used within a particular subject or field.

Concept

A general idea or understanding that is formed by merging particular instances or observations.