Figure 4-21

-Refer to Figure 4-21.Which of the following movements would illustrate the effect in the market for swimming lessons of an increase in the incomes of parents with school-aged children?

Question

Figure 4-21
 
-Refer to Figure 4-21.Which of the following movements would illustrate the effect in the market for swimming lessons of an increase in the incomes of parents with school-aged children?

Quizplus · Accepted Answer

An increase in the incomes of parents with school-aged children would likely increase the demand for swimming lessons, shifting the demand curve to the right. This is illustrated by a movement from Point A to Point D.

Figure 4-21 -Refer to Figure 4-21.Which of the Following Movements Would Illustrate