ECONOMICS
DEMAND
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For a(n) ____, a consumer’s demand will increase as his or her income increases.
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Inelastic Demand
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Complement
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Substitute
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Normal Good
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Explanation:
Detailed explanation-1: -A normal good is a good that experiences an increase in demand due to an increase in a consumer’s income. Normal goods have a positive correlation between income and demand.
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