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Demand & Its Determinants · Question 32 of 66

Question 32

EasyOriginal question

A normal good is one whose demand

Options for question 32

Show the answer and explanation
CorrectNot quiteAnswer D

Correct answer: D

Explanation

  1. For a normal good, income and demand move in the same direction.

Concept
Normal goods
Typical time
40 s
Your time
—
The rule this testsSubstitutes, complements, normal and inferior goods
Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.

Practise this chapter →

Ten questions from Demand & Its Determinants, at your own pace.