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icang [17]
2 years ago
8

HELP!!! Economists note that personal income rose by 5 percent last year. What impact will the change in personal income have on

demand?
A It will cause the demand curve to shift up
B It will cause the demand curve to shift left
C It will cause the demand curve to shift down
D It will cause the demand curve to shift right
Business
1 answer:
aleksandrvk [35]2 years ago
7 0

Answer:

D It will cause the demand curve to shift right

Explanation:

Given

Increase in personal income

Required

The changes on the demand curve

On the demand curve, quantity is represented by the x-axis, while the y-axis represents price.

When personal income increases, the quantity of items purchased will increase.

This means that there will be a shift to the left on the demand curve.

<em>Hence, (d) is correct</em>

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