In the figure given below that shows the demand for baby formula,if baby formula is an inferior good,then an increase in consumer income is likely to cause which of the following changes? Figure 4.1
A) A shift in the demand curve from D1 to D2
B) A movement along the demand curve D1 from point a to point b
C) A shift in the demand curve from D2 to D1
D) A movement along the demand curve D2 from point d to point c
E) A movement from point b on the demand curve D1 to point c on the demand curve D2
Correct Answer:
Verified
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