For a normal good,the quantity demanded
A)responds inversely to changes in income.
B)rises when income rises.
C)rises when income falls.
D)falls when income rises.
E)does not change when income rises or falls.

Question

Quizplus · Accepted Answer

For a normal good, as income rises, the quantity demanded also rises. This is because as consumers have more money, they are able to purchase more of the good or service.

For a Normal Good,the Quantity Demanded