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lidiya [134]
4 years ago
15

A normal good is defined as one:

Business
1 answer:
AlexFokin [52]4 years ago
5 0

Answer:

The correct answer is letter "D": the consumption of which varies directly with incomes.

Explanation:

Normal goods are those with quantities demanded increasing when consumers' income increases. Quantity demanded and increase have a directly proportional relationship. Consumer staples such as foods, drugs, and fuel are considered normal goods.

<em>The opposite of normal goods are inferior goods which have decreasing quantities demanded in front of increases in consumers' income.</em>

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a competitive price

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