No answer from Chat GPT will downvote.Hand written solution is not allowed. MTN H+TelecelEcon 151Lecture 4B.pptx01712:48Q If good X is a normal good and its pricefalls, the price-consumption curve must be:A. upward sloping (and positive). 20% 20% 20% 20% 20%B. downward sloping.Cupward sloping (and positive)or downward sloping.D. upward sloping and eitherpositive or negative(backward bending), but notdownward sloping.E. upward sloping and negative(backward bending).B. C. DEΔ38/38Go to pageО☐

The answer is B. downward sloping.Here's why: A normal good is a good for which demand increases…

Answered: MTN H+ Telecel Econ 151Lecture 4B.pptx…

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter1: Introducing The Economic Way Of Thinking

Section1.A: Applying Graphs To Economics

Problem 2SQP

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