Advanced Placement (AP), 27.02.2021 04:40 misssy808
For an inferior good, an increase in consumer income will cause
A. the demand curve to shift to the left
B. the demand curve to shift to the right
C. the short-run supply curve to shift to the right
D. the long-run supply curve to shift to the right
E. new firms to enter the market in the long run
Answers: 3
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For an inferior good, an increase in consumer income will cause
A. the demand curve to shift to the...
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