Refer to the information provided in Figure 3.2 below to answer the question(s) that follow. Figure 3.2
-Refer to Figure 3.2. Which of the following would be most likely to cause the demand for macaroni and cheese to shift from D₁ to D₀?

Question

Refer to the information provided in Figure 3.2 below to answer the question(s) that follow.

Figure 3.2
-Refer to Figure 3.2. Which of the following would be most likely to cause the demand for macaroni and cheese to shift from D₁ to D₀?

Quizplus · Accepted Answer

An increase in income, assuming macaroni and cheese is a normal good, would most likely cause the demand curve to shift to the right (from D₁ to D₀), as people would be able to afford more of it.

Refer to the Information Provided in Figure 3