Economy, asked by EmonKhan525, 4 months ago

What kind of change in the rules of demand changes in income? Explanation​

Answers

Answered by Anonymous
3

{\bigstar}ANSWER{\bigstar}

  • An increase in income generally increases demand.
  • Therefore demand curve shifts to the right to show an increase in the equilibrium price and quantity.
Answered by janvisingh7741
22

Answer:

An increase in income generally increases demand. Therefore demand curve shifts to the right to show an increase in the equilibrium price and quantity.

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