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Demand vs Quantity Demanded

Which of the ...

Question

Which of the following will not decrease the demand for a normal good?

A

The price of a substitute decreases

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B

Increase in income

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C

The price of a complementary good increases

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D

price of the good decreases

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Solution

The correct option is B
Increase in income

With an increase in income, the demand for normal goods increase.

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Similar questions

Q.  Consider the following about Substitute goods.
1) Increase in price of a good leads to increase in demand of the other good.
2) Increase in price of a good leads to decrease in demand of the other good. Select the correct alternative

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Q. Which of the following is / are characteristics of a Normal good?
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