-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

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