Question

Is the slope of demand curve of normal goods downward sloping ??

Answer 1

In case of normal goods , when income rises , demand for the good also rises. Similarly , when income decreases , demand for the good also decreases. This happens under the assumption that price of the good remains the same .

Demand schedule:

Possibilities            Price           Income             Quantity demanded

   A                           10                  20                               2

   B                           10                  30                               3

   C                           10                  40                               4

   D                           10                  50                               5

   E                            10                 60                                6

Since , the price of good remains the same and the quantity demanded goes on increasing , the graph formed will a straight , not  a downward sloping curve.