Question
N1 If orange juice is considered a normal good, then an increase in income in Ventura will have the following effect on orange juice in
N1
If orange juice is considered a normal good, then an increase in income in Ventura will have the following effect on orange juice in Ventura:
Group of answer choices:
a decrease in the demand.
an increase in the demand.
an increase in the supply.
no change in the demand.
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Economics Principles and Policy
Authors: William Baumol, Alan Blinder
13th edition
1305280595, 1305280598, 9781305465626 , 978-1305280595
