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The demand for normal good _______ with an increase in income of the consumer.
  • a)
    Moves upward on Demand Curve
  • b)
    Remains unchanged
  • c)
    Decreases
  • d)
    Increases
Correct answer is option 'D'. Can you explain this answer?
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The demand for normal good _______ with an increase in income of the c...
Normal goods refer to those goods whose demand increases with an increase in income.
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The demand for normal good _______ with an increase in income of the consumer.a)Moves upward on Demand Curveb)Remains unchangedc)Decreasesd)IncreasesCorrect answer is option 'D'. Can you explain this answer?
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