Question

A rise in the income of the consumer leads to a fall in the demand for commodity ‘x’. Whattype of good is commodity ‘x’?
a) Snob goods b) Normal good c) Inferior good d) Necessity good

Answer 1

Answer:

option C is correct inferior goods

Answer 2

Answer:

inferior good

Explanation:

when it demands falls with the rise in the income of a consumer and vice- versa . For example - Jowar or bajra for a poor person