The diagram illustrates the market for fresh fruit in an economy. Fruit has a positive income elasticity of demand and is largely imported. The initial equilibrium is at X. What is the most probable reason for the equilibrium shifting from X to Y?
- Aa fall in real income and a depreciation of the exchange rate
- Ba fall in real income and an appreciation of the exchange rate
- Ca rise in real income and a depreciation of the exchange rate
- Da rise in real income and an appreciation of the exchange rate