How Demand curve of a Normal Good changes when income of a buyers changes explain with the help
of a diagram?
Answers
Answered by
3
Answer:
A demand curve is positively related to the income of the consumer. This means, that when the income of consumer rises his/her consumption will also rise and vice-versa.
Explanation:
In the diagram the highlighted line represents the curve of demand incase of normal goods (NG)
Attachments:
Answered by
1
Answer:
HOPE IT HELPS U.............
Attachments:
Similar questions
English,
3 months ago
Geography,
3 months ago
Social Sciences,
3 months ago
Math,
7 months ago
English,
7 months ago
Social Sciences,
1 year ago