Use the following graph of the demand for noodles to answer the question below.Refer to the three demand curves for noodles and assume noodles are an inferior good. Which of the following would shift the demand for noodles from D1 to D2?

A. an increase in consumer incomes
B. a decrease in consumer incomes
C. a decrease in the price of noodles
D. an increase in the price of noodles

Answer: B

Economics

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Refer to Figure 13-2. Ceteris paribus, an increase in the labor force would be represented by a movement from

A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.

Economics