Question

consumers move from curve 1 to curve 2 as a result of . a.) an increase in the price of pizza b.) an increase in consumer income

Answer 1

B) an increase in consumer income

Step-by-step explanation:

A change in price only causes a movement along the curve (extentions and contractions)

While a factor other than price will cause a shift in curve (right or left)

An increase in income will result in consumer's demand,for luxuries such as pizza, to increase leading to the demand curve shifting to the right (moving form curve 1 to curve 2)