Question

Which type of relationship is between consumer’s income and his demand for normal goods? ​

Answer 1

Answer:

Normal goods are the opposite of inferior goods, whose demand decreases with an increase in the consumer's income or expansion of the economy (i.e., there is an inverse relationship between the demand and the consumer's income).

Explanation:

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Answer 2

Answer:

A normal good has an elastic relationship between income and demand for the good. In other words, changes in demand and income are positively correlated or move in the same direction.

Explanation:

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