Suppose that hotdogs are inferior goods. Which of the following is true given an increase in consumer income?
A) An upward movement along the demand curve of hotdogs
B) A downward movement along the demand curve of hotdogs
C) A leftward shift in the demand curve of hotdogs
D) A rightward shift in the demand curve of hotdogs
E) No change in the demand curve of hotdogs
Correct Answer:
Verified
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