Refer to the information provided in Figure 3.5 below to answer the question(s) that follow.
Figure 3.5
-Refer to Figure 3.5. If consumer income increases, the demand for chili peppers shifts from D0 to D1. This implies that chili peppers are a(n)
A) normal good.
B) inferior good.
C) substitute good.
D) complementary good.
Correct Answer:
Verified
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