Refer to Figure 2.1.A movement from point a to point b is most likely caused by:
A) a decrease in the price of the good.
B) an increase in consumers' incomes, assuming the good is normal.
C) an increase in the price of a complementary good.
D) a decrease in consumers' incomes, assuming the good is normal.

Question

Refer to Figure 2.1.A movement from point a to point b is most likely caused by: 
A) a decrease in the price of the good. 
B) an increase in consumers' incomes, assuming the good is normal. 
C) an increase in the price of a complementary good. 
D) a decrease in consumers' incomes, assuming the good is normal.

Quizplus · Accepted Answer

The Answer of Refer to Figure 2.1.A movement from point a to point b is most likely caused by: 
A) a decrease in the price of the good. 
B) an increase in consumers' incomes, assuming the good is normal. 
C) an increase in the price of a complementary good. 
D) a decrease in consumers' incomes, assuming the good is normal.