Choose the correct answers to the questions from the given options. As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:

Explanation

As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will move downward along the same demand curve because consumers tend to switch to superior goods when their income increases.


โฌ† Related Topic

View Topic Hub โ†’

๐Ÿ“˜ Syllabus

View ICSE Class 10 Syllabus โ†’

๐Ÿ“ Practice Questions

Practice Previous Year Questions โ†’

๐Ÿค– Practice with AI

Generate Practice Question Paper โ†’


๐Ÿ“š Related Concepts