An increase in a consumer's income will always increase the demand for a good.
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Q59: An increase in income produces a parallel,
Q60: The market demand curve represents the total
Q61: If point A on an indifference curve
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Q63: The budget line and the indifference curve
Q65: A consumer will consume the combination of
Q66: An increase in income shifts indifference curves
Q67: Indifference curves show all combinations of commodities
Q68: The slope of the budget line is
Q69: The slope of an indifference curve represents
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