A normal good is
A)any good that consumers normally buy.
B)any good for which other goods can substitute.
C)a good for which the demand rises as income falls.
D)a good for which the demand rises as income rises.
E)a good for which the quantity demanded rises as its price falls.

Question

Quizplus · Accepted Answer

A normal good is defined as a good for which demand increases as the income of the consumer increases. This is in contrast to inferior goods, where demand decreases as consumer income rises.

A Normal Good Is