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Homework answers / question archive / When incomes increase, then in the market for jewelry we expect: a) demand for jewelry to increase b) demand for jewelry to decrease c) supply of jewelry to increase d) supply of jewelry to decrease

When incomes increase, then in the market for jewelry we expect: a) demand for jewelry to increase b) demand for jewelry to decrease c) supply of jewelry to increase d) supply of jewelry to decrease

Economics

When incomes increase, then in the market for jewelry we expect:

a) demand for jewelry to increase

b) demand for jewelry to decrease

c) supply of jewelry to increase

d) supply of jewelry to decrease

Option 1

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