-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

A movement from point a to point b on a demand curve typically indicates an increase in demand, which can be caused by an increase in consumers' incomes if the good is normal.