fatimalopez200200 fatimalopez200200

15-05-2021
Business

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As income rises, demand for goods...

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manaswinipanda680 manaswinipanda680

15-05-2021

Explanation:

In the case of inferior goods income and demand are inversely related, which means that an increase in income leads to a decrease in demand and a decrease in income leads to an increase in demand. For example, necessities like bread and rice are often inferior goods.

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