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What will be the effect of …

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What will be the effect of increase in income on the demand for normal goods

    • Posted by Simran Sharma 5 years, 9 months ago

    CBSE > Class 11 > Economics
    • 3 answers

    Inder Yadav 5 years, 8 months ago

    Normal goods are high quality goods. When the income of the consumer increase then he buy High quality goods.

    0Thank You

    Sans Sharma 5 years, 8 months ago

    Demand of normal goods also increase because their is positive relation between demand and income in case of normal goods

    0Thank You

    Harsh Raghav 5 years, 9 months ago

    If tg income of tge consumer increase so demand of tge comodity also increases

    1Thank You

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