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Please draw demand curve movements for the following questions: (make sure you specify horizontal and vertical axis) 1. When income decrease, how does a normal
Pleasedraw demand curve movements for the following questions: (make sure you specify horizontal and vertical axis)
1. When income decrease, how does a normal good's demand curve shift?
2. When income increases, how does a normal good's demand curve shift?
3. When income decrease, how does an inferior good's demand curve shift?
4. When income increases, how does an inferior good's demand curve shift?
5. When the price of milk increases, how does cereal's demand curve shift?
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