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A rise in the income of the consumer leads to a fall in the demand for commodity ‘x’. What type of good is commodity ‘x’?a)Necessity goodb)Snob goodsc)Normal goodd)Inferior goodCorrect answer is option 'D'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A rise in the income of the consumer leads to a fall in the demand for commodity ‘x’. What type of good is commodity ‘x’?a)Necessity goodb)Snob goodsc)Normal goodd)Inferior goodCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A rise in the income of the consumer leads to a fall in the demand for commodity ‘x’. What type of good is commodity ‘x’?a)Necessity goodb)Snob goodsc)Normal goodd)Inferior goodCorrect answer is option 'D'. Can you explain this answer?.

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