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Kiyaa Kiyaa
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11 months ago

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

Textbook 
Economics

Economics


Edition: 12th
Author:
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relisabethrelisabeth
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11 months ago
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Kiyaa Author
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11 months ago
Helped a lot
sudenzia
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Smart ... Thanks!
fxinternational
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2 hours ago
Just got PERFECT on my quiz
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