Complete the sentence. The demand curve will shift inwards if…
A) Supply falls.
B) The good is inferior and income rises.
C) The price rises.
D) The good is normal and an income increases.

Name: Complete the sentence. The demand curve will shift inwards if… A) Supply falls. B) The good is inferior and income rises. C) The price rises. D) The good is normal and an income increases.
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Question

Quizplus · Accepted Answer

The demand for an inferior good decreases when income rises, causing the demand curve to shift inwards.

Complete the Sentence