Economy, asked by 27maanvi, 1 year ago

effect of demand curve with change in income ​

Answers

Answered by ambicious2019
3
Effect on Demand Curve (with change in Income): A change in income causes a positive change in demand for normal goods, whereas, a negative change occurs in the case of inferior goods. So, the demand curve of a given commodity is affected by change in income in case of normalgoods and inferior goods.
Answered by seemajhafea17
0

for inferior goods it will decrease .

for normal good DC will increase


kumarmanish18: hiiii
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