A consumer is currently consuming some of good X and some of good Y.If good Y is a normal good for this consumer,a rise in consumer income will definitely cause
A)an increase in the consumption of X.
B)an increase in the consumption of Y.
C)a decrease in the consumption of X.
D)a decrease in the consumption of Y.

Question

Quizplus · Accepted Answer

Since good Y is a normal good for the consumer, a rise in consumer income will increase the consumer's ability and willingness to buy more of good Y, so there will be an increase in the consumption of good Y. It does not necessarily mean that there will be a decrease in the consumption of good X or an increase in the consumption of good Y.

A Consumer Is Currently Consuming Some of Good X and Some