Question

the
2.(0) DISCUSS the income and Substitution effects of a price
change in case of an anferior good ?​

Answer 1

Answer:

In case of inferior goods the income effect will work in opposite direction to the substitution effect. When price of an inferior good falls, its negative income effect will tend to reduce the quantity purchased, while the substitution effect will tend to increase the quantity purchased

Explanation:

please mark me as brain list

Answer 2

Answer:

When price of an inferior good falls, its negative income effect will tend to reduce the quantity purchased, while the substitution effect will tend to increase the quantity purchased. ... Thus even in most cases of inferior goods the net result of the fall in price will be increase in its quantity demanded