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Economics - Financial Markets
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OpenStudy (anonymous):
Directions: read each scenario and state whether the demand curve will shift, which way it would shift and why/ what caused the shift
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OpenStudy (anonymous):
people's income is now suddenly dropping. what will happen to the demand for caviar
OpenStudy (paki):
you have any idea...?
OpenStudy (lxelle):
Demand for caviar with Drop as well. I assume that caviar is like salmons and all, they are consider as inferior goods. So when an income drops the dd for inferior goods drop as well.
OpenStudy (inowalst):
What's the scenario?
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