-Refer to Exhibit 3-2.Which of the following would result in a movement from point A on D₁ to point B on D₂? A) an increase in a per-unit tax on good X B) an increase in income of the buyers of good X,assuming good X is an inferior good C) a decline in technology in the production of good X D) an increase in income of the buyers of good X,assuming good X is a normal good

Question

Quizplus · Accepted Answer

Point B represents a higher quantity demanded of good X at each price level compared to point A. An increase in income of the buyers of good X, assuming good X is a normal good, would shift the demand curve to the right, resulting in a movement from point A to point B. Options A, B, and C would not directly affect the demand for good X and therefore would not result in a movement along the demand curve.

​ ​-Refer to Exhibit 3-2.Which of the Following Would Result in Result

-Refer to Exhibit 3-2.Which of the Following Would Result in Result