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If an Increase in Consumers' Incomes Results in a Leftward

Question 2

Multiple Choice

If an increase in consumers' incomes results in a leftward shift of the demand curve for a good, which of the following is true?


A) The good has an upward sloping demand curve.
B) The good is a normal good.
C) The demand for the good does not follow the Law of Demand.
D) The good is an inferior good.

Correct Answer:

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