Economy, asked by Anonymous, 5 months ago

What would the shape of supply curve in case of inferior goods?? plzz don't spam it's urgent....​

Answers

Answered by PeeyushVerma
42

Answer:

An outward shift in demand will occur if income increases, in the case of a normal good; however, for an inferior good, the demand curve will shift inward noting that the consumer only purchases the good as a result of an income constraint on the purchase of a preferred good.

Answered by Anonymous
19

An outward shift in demand will occur if income increases, in the case of a normal good; however, for an inferior good, the demand curve will shift inward noting that the consumer only purchases the good as a result of an income constraint on the purchase of a preferred good.

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