When income increases the slope of an individual's demand curve,the demand curve
A)turns positive.
B)becomes undefined.
C)remains negative.
D)becomes infinite.

Question

Quizplus · Accepted Answer

The income elasticity of demand for normal goods is positive but less than one, which means that as income increases, the quantity demanded increases, but not as fast as income. Therefore, the slope of the demand curve remains negative, indicating an inverse relationship between price and quantity demanded.

When Income Increases the Slope of an Individual's Demand Curve,the