Question

What is the relation between income of a consumer and the demand for a good that he consumes?

Answer 1

Answer:

MARK ME AS BRAINLIEST

Explanation:

(i) When a consumer treats a good a normal good, rise in income leads to rise in its demand. For example, if consumer treats goods X as a normal good he is expected to demand more of X with rise in income. When a consumer treats a good an inferior good, rise in income leads to fall in its demand.