Question 39
MediumOriginal questionAssertion (A): A rise in income shifts the demand curve for an inferior good to the left.
Reason (R): Demand for an inferior good falls as income rises.
Show the answer and explanation
CorrectNot quiteAnswer A
Correct answer: A
Explanation
Both are true, and R is the definition that makes A follow.
- Concept
- Income and an inferior good's demand curve
- Typical timeTypical
- 70 s
- Your timeYours
- —
Practise this chapter →
Ten questions from Demand & Its Determinants, at your own pace.