Introduction to Economics 1 Deneme Sınavı Sorusu #1149523

Suppose there is an increase in income. How it would affect the demand curve for air travel?



The demand curve for air travel shifts to the right.

The demand curve for air travel shifts to the left.

The supply curve for air travel shifts to the right.

The supply curve for air travel shifts to the left.

The supply curve for air travel stays the same.


Yanıt Açıklaması:

Normal goods are the goods for which the demand increases when income is higher and decreases when income is
lower. Therefore, an increase in income shifts the demand curve for air travel to the right, so more air travel is demanded at every price. The answer is A.

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