Given the data in Table 1A.4.2,suppose family income decreases from $400 to $300 per week.Then the graph relating the price of strawberries,measured on the y-axis and the number of boxes of strawberries purchased,measured on the x-axis will
A)become negatively sloped.
B)become positively sloped.
C)shift rightward.
D)shift leftward.
E)no longer exist.

Question

Quizplus · Accepted Answer

A decrease in family income, assuming strawberries are a normal good, would lead to a decrease in the quantity of strawberries purchased at any given price. This is represented graphically by a leftward shift of the demand curve, not by a change in its slope.

Given the Data in Table 1A