Question

there is______relationship between demand for a goods and consumer's income​

Answer 1

Answer:

Explanation:

In the case of inferior goods income and demand are inversely related, which means that an increase in income leads to a decrease in demand and a decrease in income leads to an increase in demand.

Answer 2

Answer:

The law of demand is the inverse relationship between demand and price. ... The factors held constant refer to other determinants of demand, such as the prices of other goods and the consumer's income.