Which of the following will increase the demand for a normal good?
A)A decrease in the number of consumers
B)A decrease in the price of a substitute
C)An increase in consumer income
D)An increase in the price of a complement
E)An increase in the demand for a substitute

Question

Quizplus · Accepted Answer

An increase in consumer income will lead to more purchasing power for consumers, which will increase their demand for normal goods.

Which of the Following Will Increase the Demand for a Normal