Farm products are normal goods, which means that as:
A) incomes go up, the demand curve shifts to the right.
B) incomes go up, the supply curve shifts to the right.
C) price falls, the quantity demanded decreases.
D) as incomes increase, people buy less.

Question

Quizplus · Accepted Answer

Farm products are normal goods, which means that as incomes go up, people have more money to spend on these goods and the demand for them increases, causing the demand curve to shift to the right.

Farm Products Are Normal Goods, Which Means That As