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In the case of an inferior good, which of the following must be true?a)The demand curve for good will be horizontal.b)The demand curve for good will be vertical.c)An increase in consumer income will decrease the demand for the good.d)A decrease in consumer income will decrease the supply of goods.Correct answer is option 'C'. Can you explain this answer? for SSC 2024 is part of SSC preparation. The Question and answers have been prepared according to the SSC exam syllabus. Information about In the case of an inferior good, which of the following must be true?a)The demand curve for good will be horizontal.b)The demand curve for good will be vertical.c)An increase in consumer income will decrease the demand for the good.d)A decrease in consumer income will decrease the supply of goods.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for SSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the case of an inferior good, which of the following must be true?a)The demand curve for good will be horizontal.b)The demand curve for good will be vertical.c)An increase in consumer income will decrease the demand for the good.d)A decrease in consumer income will decrease the supply of goods.Correct answer is option 'C'. Can you explain this answer?.

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