For ____ goods, increase in income leads to increase in demand.
A). Abnormal
B). Normal
C). Inferior
D). Superior
Normal
For normal goods, increase in income leads to increase in demand. Rising incomes lead to a rise in the number of goods demanded by consumers.
1. The main function of the Exim Bank is :
3. Recently, scientists have found second Great Spot 24000 km across and 12000 km wide on which planet?
4. Question 7:What are the three basic sources of generating power?
5. __________________ is a good whose quantity demanded decreases when consumer income rises.