Figure: Shifts in Demand and Supply IV
(Figure: Shifts in Demand and Supply IV) Look at the figure Shifts in Demand and Supply IV.The figure shows how supply and demand might shift in response to specific events.Suppose consumer incomes increase.Which panel best describes how this will affect the market for
big-screen televisions, a normal good?
A.panel A
B.panel B
C.panel C
D.panel D

Question

Figure: Shifts in Demand and Supply IV
   (Figure: Shifts in Demand and Supply IV) Look at the figure Shifts in Demand and Supply IV.The figure shows how supply and demand might shift in response to specific events.Suppose consumer incomes increase.Which panel best describes how this will affect the market for
big-screen televisions, a normal good? 
A.panel A
B.panel B
C.panel C
D.panel D

Quizplus · Accepted Answer

The Answer of Figure: Shifts in Demand and Supply IV
   (Figure: Shifts in Demand and Supply IV) Look at the figure Shifts in Demand and Supply IV.The figure shows how supply and demand might shift in response to specific events.Suppose consumer incomes increase.Which panel best describes how this will affect the market for
big-screen televisions, a normal good? 
A.panel A
B.panel B
C.panel C
D.panel D