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Jennthejelly Jennthejelly
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8 months ago

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



▸

supply; rightward; decrease; increase.



▸

demand; leftward; decrease; decrease



▸

demand; rightward; increase; increase



▸

supply; leftward; increase; decrease



▸

supply; leftward; increase; increase

Textbook 
Economics

Economics


Edition: 12th
Author:
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rectorrector
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8 months ago
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Jennthejelly Author
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8 months ago
Just got PERFECT on my quiz
Lourd Jenkins
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Yesterday
Helped a lot
megan.xo
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2 hours ago
Brilliant ツ
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