If there is a decrease in consumer income from Rs 12 000 to Rs-08873
If there is a decrease in consumer's income from Rs. 12,000 to Rs. 10,000, the change in the quantity demanded of inferior goods can be shown by:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.12.
If there is a decrease in consumer's income from Rs. 12,000 to Rs. 10,000, the change in the quantity demanded of inferior goods can be shown by:
Shifting the demand curve leftward.
Shifting the demand curve rightward.
Moving down along the same demand curve.
Moving up along the same demand curve.
