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ikadub [295]
3 years ago
13

Good Y is an inferior good. If the average income of those who buy good Y rises, the _____________ curve for good Y will shift _

___________ resulting in a(n) _____________ in the equilibrium price of Y and a(n) ____________ in the equilibrium quantity of Y.
Social Studies
1 answer:
notka56 [123]3 years ago
5 0

Answer:

a demand; leftward; decrease; decrease

Explanation:

Complete answers:

Good Y is an inferior good. If the average income of those who buy good Y rises, the demand curve for good Y will shift leftward resulting in a decrease in the equilibrium price of Y and a decrease in the equilibrium quantity of Y.

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