Which of the following causes an increase in demand for a normal good?
A) increase in the price of a substitute
B) increase in the price of a complement
C) decrease in price
D) decrease in income

Question

Quizplus · Accepted Answer

An increase in the price of a substitute good makes the normal good relatively cheaper and more attractive to consumers, thus increasing its demand.

Which of the Following Causes an Increase in Demand for a Normal