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Lilit [14]
3 years ago
7

For an inferior good, an increase in consumer income will cause

Advanced Placement (AP)
1 answer:
lozanna [386]3 years ago
5 0

Answer:

A. the demand curve to shift to the left

Explanation:

For an inferior good, an increase in consumer income will cause the demand curve to shift to the left

An inferior good is a type of good whose demand falls or decrease as a result of an increase in the income of consumers.

When consumers income increases, they tend to substitute inferior goods for a more expensive good.

An inferior good is more cheaper. Consumers substitute cheap goods for expensive ones when their income increases because they believe expensive goods has better quality than a cheap good.

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lara [203]

Is this comprehensive writing?

I must say if it is, it's great writing!

If not, is this your experience?

{And if it is, am so sorry. I can't say I understand what you're passing through but know that you and your siblings plus your mom are worth it. All the male parent figures that were supposed to be there and fufill their duties and didn't just know that what awaits them is God's payment. Trusting in God's Way will never let us down. Though life might look bleary and you said so that you don't know the future but that's the beauty of life only God knows. Therefore, pray without ceasing and trust in God and remember there are a lot of things to be thankful for your life, your mom, your siblings, your education, your bf.

(God is always saying something)

Much love to you. I pray everything gets better for you. The best is always yet to come.}

All the best! :)

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