An increase in the income of consumers will cause the a). supply of all goods to rise.
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An increase in the income of consumers will cause the
a). supply of all goods to rise.
b). demand for all goods to rise.
c). supply of all goods to fall.
d). The demand for some goods to rise and for others to fall.
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Option D EXPLANATION On the basis of the variation of income good...View the full answer
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