ExamCompetition Your Success, Our Mission
Login Register
Question discussion

As the income of the consumer increases, the ______.

5222Medium DSSSB TGT Computer Science 0 replies 0 views
0
As the income of the consumer increases, the ______.
  • Ademand for an inferior good falls
  • Bdemand for a normal good becomes zero
  • Cdemand for a normal good falls
  • Ddemand for an inferior good rises
Correct answer: A

Explanation

For a normal good demand rises with income, while for an inferior good demand falls as income increases.
Join the discussion Report an error

Discussion 0

Nobody has replied yet. Start the discussion!