A decrease in income will shift the demand curve for an inferior good to the right.

Name: A decrease in income will shift the demand curve for an inferior good to the right.
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Question

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For an inferior good, as income decreases, consumers tend to buy more of the inferior good because it is a cheaper alternative to more expensive goods, leading to an increase in demand and a rightward shift of the demand curve.

A Decrease in Income Will Shift the Demand Curve for an Inferior