How does an increase in income affect the market for iPads (normal good)?
A)The demand curve for iPads shifts to the right
B)The demand curve for iPads shifts to the left
C)The supply curve for iPads shifts to the right
D)The supply curve for iPads shifts to the left

Question

​How does an increase in income affect the market for iPads (normal good)?
A)​The demand curve for iPads shifts to the right
B)The demand curve for iPads shifts to the left
C)The supply curve for iPads shifts to the right
D)​The supply curve for iPads shifts to the left

Quizplus · Accepted Answer

An increase in income would lead to an increase in the affordability of iPads, thus leading to a higher demand for iPads. This would cause the demand curve for iPads to shift to the right.

​How Does an Increase in Income Affect the Market for IPads

How Does an Increase in Income Affect the Market for IPads