English, asked by fayaskallupurackal, 1 month ago

what will be the income effect in case of an inferior good

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Answered by nitinv31102004
1

Answer:

What will the income be effect in case of an inferior good

Explanation:

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Answered by aalisharizz60
1

Answer:

in case of inferior goods the demand decreases as income increases because consumer shifts to superior goods when there income increases.

this is the income effect.

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