New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    Which of the following is true for a normal good when

    there is a decrease in consumer income?
    A No shift in the demand curve, the quantity demanded reduces along the original demand curve Correct Answer Incorrect Answer
    B The demand curve shifts to the left Correct Answer Incorrect Answer
    C The demand curve shifts to the right Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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