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nasty-shy [4]
3 years ago
5

If demand shifts to the right when income increases, we can conclude that the good is:_____

Business
1 answer:
11111nata11111 [884]3 years ago
7 0

Answer:

A normal good

Explanation:

Normal goods are goods that are demanded as income level rises. With a higher income level, a rational consumer is expected to have more purchasing power and demand more of a good that is considered normal (hence the name).

Goods that are demanded less as income rises are termed inferior goods. They are the direct opposite of normal goods.

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