If good X is a normal good and its price rises,then quantity demanded
A)may or may not fall.
B)will always fall.
C)will always rise.
D)will remain unchanged.

Question

Quizplus · Accepted Answer

For a normal good, when the price rises, the quantity demanded will always fall due to the law of demand. This law states that, ceteris paribus, as the price of a good increases, the quantity demanded of that good decreases.

If Good X Is a Normal Good and Its Price