Holding all else constant, the demand curve

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    shifts right with an increase in income for a normal good and shifts left with a decrease in income for an inferior good.
     shifts right with an increase in income for a normal good and shifts right with a decrease in income for an inferior good.
     Shifts either right or left with an increase in income for a normal good, depending upon the income elasticity of demand.
     Both 1 and 3.
asked Jun 2, 2013 in Economics by anonymous
    

1 Answer

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shifts right with an increase in income for a normal good and shifts right with a decrease in income for an inferior good.
answered Jun 3, 2013 by Xyz ~Expert~ (3,650 points)



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