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Q7 - Price Price Price Price D. Quantity Quantity Quantity Quantity Refer to the above diagrams and start with the initial curves D. and S.
Q7 - Price Price Price Price D. Quantity Quantity Quantity Quantity Refer to the above diagrams and start with the initial curves D. and S. Suppose consumer incomes increase and the good is considered an 'inferior good'. Which diagram would be consistent with the impact of this event? a) 1 b ) 2 C) 3 d) 4
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