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For an inferior good, the income states that the quantity bought of the good increases as the income of a person falls.
When a demand curve shifts to the right?The curve shifts to the right if the determinant causes demand to increase. This means more of the good or service are demanded even though there's no change in price. When the economy is booming, buyers' incomes will rise. They'll buy more of everything, even though the price hasn't changed.
Which of the following would cause the demand curve for an inferior good to shift to the left?A product whose demand falls when income rises, and vice versa, is called an inferior good. In other words, when income increases, the demand curve for an inferior good shifts to the left.
What causes the demand curve to shift to the right to the left quizlet?Any change that increases the demand shifts the demand curve to the right and is called an increase in demand. Any change that reduces the quantity demanded at every price shifts the demand curve to the left and is called a decrease in demand.
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If pasta is an inferior good, then the demand curve shifts to the ________ when ________ rises.
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