If income rises
A) the demand curve will shift right.
B) the demand curve will shift left.
C) the demand curve will stay the same since only price effects it.
D) one cannot tell which way demand shifts with the information given.
Correct Answer:
Verified
Q8: Please refer to the following diagram.
Q9: My income rose and the price of
Q10: The real price of a product is
Q11: Which is not true of market equilibrium?
A)All
Q12: The law of demand states that
A)scarcity can
Q14: Please refer to the following diagram
Q15: If the government decides to set the
Q16: If the State of California decides to
Q17: Please refer to the following diagram.
Q18: A war in the Middle East causes
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