Solved

When Income Increases, the Demand Curve for an Inferior Good

Question 13

Multiple Choice

When income increases, the demand curve for an inferior good


A) shifts to the right.
B) shifts to the left.
C) moves up along the demand curve for the product.
D) remains constant.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions