ahmad10302 ahmad10302
  • 20-10-2020
  • Geography
contestada

What's the impact on vacations (normal good) if consumer income
increases?

Respuesta :

2612rashi
2612rashi 2612rashi
  • 20-10-2020

Answer:

The demand curve for a normal good shifts out when a consumer's income increases as shown on the left. It shifts inward when a consumer's income decreases. An inferior good is one whose consumption decreases when income increases and rises when income falls.

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