Figure 4-23

-In Figure 4-23, which movement will be caused by changes in income?
A)A to C
B)C to A
C)B to D
D)B to A

Question

Figure 4-23
 
-In Figure 4-23, which movement will be caused by changes in income?
A)A to C 
B)C to A 
C)B to D 
D)B to A

Quizplus · Accepted Answer

Changes in income will cause a movement from point B to point A along the demand curve. This is because as income increases, the demand for a normal good (such as the one depicted in the graph) also increases, leading to higher quantity demanded at each price level.

Figure 4-23 -In Figure 4-23, Which Movement Will Be Caused by Changes