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Other Fields Homework Help Economics Topic started by: Kiyaa on Sep 24, 2023



Title: Good Y is an inferior good. If the average income of those who buy good Y rises, the _____________ ...
Post by: Kiyaa on Sep 24, 2023

Good Y is an inferior good. If the average income of those who buy good Y rises, the _____________ curve for good Y will shift ____________ resulting in a(n) _____________ in the equilibrium price of Y and a(n) ____________ in the equilibrium quantity of Y.



supply; rightward; decrease; increase.



demand; leftward; decrease; decrease



demand; rightward; increase; increase



supply; leftward; increase; decrease



supply; leftward; increase; increase



Title: Re: Good Y is an inferior good. If the average income of those who buy good Y rises, the _____________ ...
Post by: relisabeth on Sep 24, 2023
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