alleryStart learning →When consumer income rises, the demand curve for a normal good does what?
AShifts inward
BStays unchanged
CBecomes vertical
DShifts outward
Answer & Solution
Correct answer: D. Shifts outward
Normal goods are demanded more at all prices as income grows.
Keep practising Law of Demand
Browse all Law of Demand questions for CA Foundation, or explore more Business Economics topics.
Related questions
A shop sells 200 units at Rs 50 each. Price rises to Rs 60 and sales fall to 160. What is A perfectly inelastic demand curve for a good is typical when the good has what?Keynesian economics is sometimes called what?The party with fewer opportunities to avoid a tax usually bears what share of its burden?When demand is perfectly inelastic, who bears the burden of a per-unit tax?The price of tea rises 10% and coffee demand rises 5%. What is the cross elasticity of cofWhich elasticity measures the effectiveness of a campaign in generating new sales?Cross elasticity of demand relates the quantity demanded of good A to the change in what?