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How does change in income affect …

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How does change in income affect the demand of given commodity

    • Posted by Ashwani Kumar 5 years ago

    CBSE > Class 11 > Economics
    • 2 answers

    Harshita Dhariwal 5 years ago

    If the income of consumers increase then thier demand will also increase.... But if their income decrease then their demand will also decrease....

    0Thank You

    Deepanshu Jha 5 years ago

    If the change in demand of commodity due to change in income If the income is increasing then the demand also be increased But income increase demand of inferior commodity is decreased

    0Thank You

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