Question: Using your graphing document, identify the graph that best demonstrates an increase in income for households in the market for generic (off-brand) cereal. What do

Using your graphing document, identify the graph that best demonstrates an increase in income for households in the market for generic (off-brand) cereal.

What do you predict will happen to equilibrium price and quantity as a result of this change?

Please use these graphs for our exam. Choose the graph that best represents the answer to the question. Graph (A) Graph (E) 31 $2 Graph (B) Graph (F) S1 82 DZ D1 Graph (C) 31 52 m D Graph (G) 52 S1 R g: DZ D1 Graph (D) Graph (H) 32 82 S1 81

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