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    Modern Principles Microeconomics
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    Exam 3: Supply and Demand
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    For a Normal Good, Higher Income Results In
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For a Normal Good, Higher Income Results In

Question 233

Question 233

Multiple Choice

For a normal good, higher income results in:


A) an increase in demand.
B) a decrease in demand.
C) a movement up along the demand curve.
D) a movement down along the demand curve.

Correct Answer:

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