📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    What kind of relationship exists between income and

    demand in case of normal goods?
    A There is no impact of income on demand. Correct Answer Incorrect Answer
    B Sometimes there is a direct and sometimes an inverse relationship. Correct Answer Incorrect Answer
    C There is a direct relationship. Correct Answer Incorrect Answer
    D There is an inverse relationship. Correct Answer Incorrect Answer

    Solution

    The correct answer is C

    Practice Next

    Relevant for Exams:

    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call