Question

True or False with valid reason ,, In case of inferior goods law of demand fails??

Answer 1

Heya.....

See here for your answer......

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In case of inferior goods law of demand fails....??

False ,,

Reason ---

Law of demand fails only when negative income effect is greater than substitution effect , but in inferior good substitution effect is greater than income demand , do it doesn't fails...

Thank you

Answer 2

heya !!


here is your answert⤵️⤵️


Flase is the answer.

in case of inferior goods, law of demand doesn't fails.


hope my answer helps you