If an increase in a consumer’s income causes the consumers to decrease her quantity demanded of a good, then the good is?

Academy of PakistanTest & Learning

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Academy of PakistanTest & Learning

804Active Users

199EconomicsMedium

Aan inferior good

Ba normal good

Ca substitute good

Da complementary good

Correct answer

A. an inferior good

Explanation

The correct answer is an inferior good.

If an increase in a consumer’s income causes the consumers to decrease her quantity demanded of a good, then the good is? - Answer and Explanation | Academy of Pakistan