Question

an Increase in income may lead to an increase in the quantity demanded ,it is ​

Answer 1

Answer:

In the case of inferior goods income and demand are inversely related, which means that an increase in income leads to a decrease in demand and a decrease in income leads to an increase in demand. For example, necessities like bread and rice are often inferior goods

Answer 2

An Increase in income may lead to an increase in the quantity demanded ,it is ​positive income elasticity.

1. Income elasticity shows consumer's responsiveness or change in quantity demanded as per a change in the income.  
2. The income inelasticity is greater than unity.
3. It is the case of normal goods.  
4. The demand curve is upward sloping.