Figure: Demand Shift Which of the following could explain the figure?
A) Consumer income increases in the market for a normal good.
B) Consumer income falls in the market for a normal good.
C) Consumer income rises in the market for an inferior good.
D) Consumer income remains the same and the price of the good falls.

Question

Figure: Demand Shift  Which of the following could explain the figure?
A) Consumer income increases in the market for a normal good. 
B) Consumer income falls in the market for a normal good. 
C) Consumer income rises in the market for an inferior good. 
D) Consumer income remains the same and the price of the good falls.

Quizplus · Accepted Answer

A demand shift to the right indicates an increase in demand, which could be caused by an increase in consumer income for a normal good.

Figure: Demand Shift Which of the Following Could Explain