If the price of a good falls and the good is an inferior good, the income effect causes a decrease in the quantity demanded of that good.

Name: If the price of a good falls and the good is an inferior good, the income effect causes a decrease in the quantity demanded of that good.
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If the price of an inferior good falls, the income effect causes consumers to feel wealthier and shift their demand towards higher quality substitutes. This leads to a decrease in the quantity demanded of the inferior good.

If the Price of a Good Falls and the Good