Multiple Choice
A Commodity X will be considered as a normal good if:
A) the quantity of the good consumed decreases with an increase in income.
B) the quantity of the good consumed increases with an increase in income.
C) the quantity of the good consumed increases in the same proportion as the increase in income.
D) the quantity of the good consumed reflects no change with a change in income.
Correct Answer:

Verified
Correct Answer:
Verified
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