Good Y is a normal good. If the average income of those who buy good Y rises, the _______ curve for good Y will shift resulting in a(n) _ in the equilibrium price of Y and a(n) ______ in the equilibrium quantity of Y.

Good Y is a normal good. If the average income of those who buy good Y rises, the demand curve for good Y will shift right resulting in a(n) increase in the equilibrium price of Y and a(n) increase in the equilibrium quantity of Y.

This is explained from the graph given below:

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Good Y is a normal good. If the average income of those who buy good Y rises, the _____________ curve for good Y will shift ____________ resulting in a(n) _____________ in the equilibrium price of Y and a(n) ____________ in the equilibrium quantity of Y.

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Good Y is a normal good. If the average income of those who buy good Y rises, the _______ curve for good Y will shift resulting in a(n) _ in the equilibrium price of Y and a(n) ______ in the equilibrium quantity of Y.