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Exhibit 4-2 -Refer to the Exhibit.Which of the Following Would Be Caused

Question 129

Multiple Choice

Exhibit 4-2
Exhibit 4-2 -Refer to the exhibit.Which of the following would be caused by an increase in consumer income if baby formula is an inferior good?   A)  a demand shift from D₂ to D₁  B)  a movement from b to a on demand curve D₁  C)  a demand shift from D₁ to D₂  D)  a movement from d to c on demand curve D₂
-Refer to the exhibit.Which of the following would be caused by an increase in consumer income if baby formula is an inferior good?  


A)  a demand shift from D₂ to D₁ 
B)  a movement from b to a on demand curve D₁ 
C)  a demand shift from D₁ to D₂ 
D)  a movement from d to c on demand curve D₂

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