Economy, asked by roshanprince1802, 4 months ago

10. In case of Normal goods, when
the price of any good increases than
before, its quantity demand​

Answers

Answered by Adibro889
3

Answer:

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Answered by komalatejasri
6

Answer:

An inferior good is a type of good that declines in demand when income rises. These could be items such as generic foods, off-brand electronics, and discount store clothing. In contrast to inferior goods are normal goods. A normal good acts just the opposite of an inferior good; demand increases when income increases.

Explanation:

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