Suppose the quantity of sodas and the quantity of popcorn are on an indifference curve/budget line diagram. An increase in income shifts the budget line ________ and, if popcorn is a normal good, shifts the demand curve for popcorn ________
A) rightward; rightward
B) rightward; leftward
C) leftward; rightward
D) leftward; leftward
A
Economics
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Which of the following factors can shift the AD curve?
A) net exports B) government purchases C) the money supply D) b and c E) a, b, and c
Economics
A nation's export supply curve for a specific product:
A. is upsloping. B. shows the amount of the product it will export at prices below its domestic price. C. lies below its import demand curve for the product. D. depends on domestic supply of the product, but not on domestic demand.
Economics