Question: Which of the following might explain how a price decrease might cause a decrease in quantity demanded and an upward sloping demand curve? (A) The

Which of the following might explain how a price decrease might cause a decrease in quantity demanded and an upward sloping demand curve?

(A) The good is inferior and the income effect is stronger than the substitution effect.

(B) The good is normal and the income effect is stronger than the substitution effect.

(C) The good is normal and the income effect is weaker than the substitution effect.

(D) The good is inferior and a luxury.

(E) The good is highly subsidized, creating a large increase in marginal utility per dollar.

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