Question

If the buyer income increases and the good is normal, this is represented by a

rightward movement along the demand curve
leftward movement along the demand curve
right shift of the demand curve
left shift of the demand curve

Answer 1

An increase in buyer income and a normal good cause a rightward movement along the demand curve.

Step-by-step explanation:

An increase in buyer income and a normal good result in a rightward movement along the demand curve. This implies that as income increases, the quantity demanded of the good increases, leading to a shift to the right in the demand curve.

An increase in buyer income and a normal good result in a rightward movement along the demand curve. The extent of this shift depends on the income elasticity of demand.