Exhibit 3-6 Refer to Exhibit 3-6. If an increase in income causes the demand for good X to shift from D₁ to D₂,then good X is A)a normal good. B)an inferior good. C)a substitute good. D)a complementary good. E)a neutral good.

Question

Quizplus · Accepted Answer

Since an increase in income caused the demand for good X to shift to the right, it implies that good X is a normal good, for which the demand increases as income increases.

Exhibit 3-6 Refer to Exhibit 3-6. If an Increase in Income Causes