Economy, asked by yashvi210605, 2 months ago

3. Due to increase in income of the consumer, the demand curve of normal goods will a. Move upwards b. Shift leftwards c. Shift rightwards don't do cheating

Answers

Answered by mritunjayy
0

Explanation:

When income increases, the demand curve for normal goods shifts outward as more will be demanded at all prices, while the demand curve for inferior goods shifts inward due to the increased attainability of superior substitutes.

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