Question

in case of normal goods demand curve shows a. negative slope b. a positive slope c.zero slope d. none of these​

Answer 1

Explanation:

c. zero slope is the answer.

Answer 2

Option a is the correct answer.

In case of normal goods demand curve shows a negative slope.

1. If we talk about demand curve for normal goods it is negatively sloped. It is so because it shows relationship between price and quantity.
2. However, in case of normal good when there is increase in income of the good (price remaining constant) then the demand curve will shift to right and vice versa.

Point to note-

1. If we talk about income and normal goods relationship then we will have a positive sloping curve. It is so because the relationship between income and quantity of normal good is positive.
2. when the income increases the quantity demanded of the good also increases and vice versa.

Look at the diagrams below-