Question: A shift in the demand curve occurs when a determinant of demand other than price changes. What happens if there is an increase in consumer

A shift in the demand curve occurs when a determinant of demand other than price changes. What happens if there is an increase in consumer income and wealth in a given case?A

.

Shift in demand curve of inferior goods to left. However, there is no shift in demand curve of normal goods to right.P

8 .

Shift in demand curve of normal goods to left.C

.

Shift in demand curve of inferior goods to right.D

.

Shift in demand curve of inferior goods to left and also shift in demand curve of normal goods to right.

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