-Refer to Figure 5.6.Which diagram shows an increase in income with both bread and soup being normal goods?
A) A
B) B
C) C
D) D

Name: -Refer to Figure 5.6.Which diagram shows an increase in income with both bread and soup being normal goods? A) A B) B C) C D) D
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Question

-Refer to Figure 5.6.Which diagram shows an increase in income with both bread and soup being normal goods?
A) A 
B) B 
C) C 
D) D

Quizplus · Accepted Answer

An increase in income for normal goods shifts the budget line outward, indicating that more of both goods can be purchased. Diagram A shows this outward shift.