If consumer incomes go up and laptops are a normal good, the effect on the demand for laptops, ceteris paribus, will be a/an:

Question

Quizplus · Accepted Answer

When consumer incomes go up and laptops are a normal good, there will be an increase in demand for laptops causing a rightward shift in the demand curve for laptops, ceteris paribus. This is because normal goods have a positive income elasticity of demand, meaning that as income increases, demand for the good also increases.

If Consumer Incomes Go Up and Laptops Are a Normal