A good is normal if a rise in consumers' income causes
A) the quantity demanded to increase.
B) the demand to decrease.
C) the demand to increase.
D) None of the above is correct.

Name: A good is normal if a rise in consumers' income causes A) the quantity demanded to increase. B) the demand to decrease. C) the demand to increase. D) None of the above is correct.
Brand: Quizplus
Rating: 4.9 (34 reviews)

Question

Quizplus · Accepted Answer

A good is considered normal if an increase in consumers' income leads to an increase in the demand for that good.

A Good Is Normal If a Rise in Consumers' Income