If both the products X & Y are normal goods
A)slopes down towards right
B)slopes up towards right
C)slopes up towards left
D)slopes down towards left

Name: If both the products X & Y are normal goods A)slopes down towards right B)slopes up towards right C)slopes up towards left D)slopes down towards left
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Question

Quizplus · Accepted Answer

If both products X & Y are normal goods, the demand curve for both products will slope up towards the right. This is because as income increases, consumers will demand more of both products.

If Both the Products X & Y Are Normal Goods