1. Given demand curve of

  1. When there is an inferior good​, a decrease in consumer income will result in the A.demand curve shifting to the right. demand
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  2. When there is a normal good​, a decrease in consumer income will result in the A.demand curve shifting to the right. demand
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  3. Choose the best answer.What is the term for a line graph that depicts the relation of supply and demand to price? market curve
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  4. If bagels and croissants are substitute goods, which of the following is likely to occur if the price of bagels has decreased?A)
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  5. (1 point) Note: This problem is similar to problems 1 and 8 in section 6.2 (pages 284-5). Supply and demand curves for a product
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  6. If income levels of consumers within a given economy increase, what would happen to the demand curve for cell phones, a normal
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  7. If income levels of consumers within a given economy increase, what would happen to the demand curve for cell phones, a normal
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  8. If income levels of consumers within a given economy increase, what would happen to the demand curve for cell phones, a normal
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  9. If income levels of consumers within a given economy increase, what would happen to the demand curve for cell phones, a normal
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  10. If income levels of consumers within a given economy increase, what would happen to the demand curve for cell phones, a normal
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