Question

31)Which of the following would shift the demand curve for candles to the left?
Select one:
a. An increase in income, provided that candles are a necessity
b. An increase in income, provided that candles are a luxury
c. An increase in income, provided that candles are an inferior good
d. An increase in income, provided that candles are a normal good​

Answer 1

Answer:

C

Explanation:

An increase in income, provided that candles are inferior good ;)

Answer 2

An increase in income, provided that candles are an inferior good would shift the demand curve for candles to the left.

Explanation:

An inferior good is one whose consumption decreases when income increases and rises when income falls. The demand curve for an inferior good shifts out when income decreases and shifts in when income increases.

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