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-Figure 62 Illustrates a Change in the Price of Soup

Question 11

Multiple Choice

  -Figure 6.2 illustrates a change in the price of soup.From the graph,we can conclude that A)  The price of soup has increased and soup is a Giffen good B)  The price of soup has fallen and soup is a Giffen good C)  The price of soup has fallen and soup is a normal good D)  The price of soup has fallen and bread is a Giffen good
-Figure 6.2 illustrates a change in the price of soup.From the graph,we can conclude that


A) The price of soup has increased and soup is a Giffen good
B) The price of soup has fallen and soup is a Giffen good
C) The price of soup has fallen and soup is a normal good
D) The price of soup has fallen and bread is a Giffen good

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