Economy, asked by krishasai113, 9 months ago

If income increase than supply will be

Answers

Answered by rajeshdasari100
0

Answer:

if income of the consumer increases then supply of firm increases to meet the demand.

Answered by bhavanibhavs040
0

Explanation:

an increase in the income of a consumer leads to an increase in his purchasing power .

Being others thing remaining constant ,the income of a income of a consumer increase the demand for good increase. supply of firm also increase to meet the profits..

hope this will help you

Mark me as a brainliest please

Similar questions