Economy, asked by samgengot7, 4 months ago

a rise in the income of its buyer and with diagram​

Answers

Answered by chandrahasapoojary2
0

Explanation:

NSWER

In case of inferior goods when there is increase in the income of the buyer the equilibrium quantity will reduce as the consumer will use its excess purchasing power to purchase superior goods in place of inferior goods. 

Similar questions