Price in] 0 on 0| Q; 03 GA Quantity Initially, the demand curve for good A is Be in Figure 3.5.1. If income increases and A is a normal good, we would expect to see a movement from pointA to point 0 C. o D. O B. 0 Ear point D. O E. QUESTION 23 Asurplus of 160 units would be encountered if price were: 0 $1.60 0 $2.10, that is $1.60 plus $0.50 0 $0.50 0 $1.10, that is, $1.60 minus $0.50 0 $1.00 QUESTION 24 Refer to the diagram in Question 23 A shortage of 160 units would be encountered if price were: 0 $1.60 0 $1.10, that is, $1.60 - $0.50 0 $1.00 0 $0.50 0 $2.10, that is $1.60 plus $0.50