Figure 3.3
-Figure 3.3 illustrates the demand for tacos. Assume tacos are an inferior good. An increase in income would bring about a movement from

Name: Figure 3.3 -Figure 3.3 illustrates the demand for tacos. Assume tacos are an inferior good. An increase in income would bring about a movement from
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Question

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An increase in income would decrease the demand for an inferior good like tacos, shifting the demand curve from D2 to D1.

Figure 3.3 -Figure 3.3 Illustrates the Demand for Tacos. Assume Tacos Are