Solved

If Consumer Incomes Go Up and Cars Are a Normal

Question 118

Multiple Choice

If consumer incomes go up and cars are a normal good, the effect on the demand for cars ceteris paribus, will be a(n) :


A) upward movement along the demand curve for cars.
B) downward movement along the demand curve for cars.
C) rightward shift in the demand curve for cars.
D) leftward shift in the demand curve for cars.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents