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Question Practice

What effect does an increase in income have on a consumer's demand for an inferior good?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Theory Of Consumer Behaviour
Question Bank

What effect does an increase i...

Single Answer MCQ
Q-00089321

What effect does an increase in income have on a consumer's demand for an inferior good?

1

Demand increases.

2

Demand decreases.

3

Demand remains the same.

4

Demand becomes unstable.

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