Solved

FIGURE 4-2 -Refer to Figure 4-2. Under What Circumstances Would a Movement

Question 42

Multiple Choice

FIGURE 4-2
FIGURE 4-2    -Refer to Figure 4-2. Under what circumstances would a movement from D₁ to D₂ occur? A)  if there is a decrease in the income of consumers and submarine sandwiches are inferior goods B)  if the price of bread used to make submarine sandwiches increases C)  if there is an increase in the income of consumers and submarine sandwiches are inferior goods D)  if the wages of submarine sandwich makers decrease
-Refer to Figure 4-2. Under what circumstances would a movement from D₁ to D₂ occur?


A) if there is a decrease in the income of consumers and submarine sandwiches are inferior goods
B) if the price of bread used to make submarine sandwiches increases
C) if there is an increase in the income of consumers and submarine sandwiches are inferior goods
D) if the wages of submarine sandwich makers decrease

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents