A normal good is a good whose demand curve
A) is upward sloping
B) is downward sloping
C) jumps from one point on the quantity axis to another, leaving a gap

Name: A normal good is a good whose demand curve A) is upward sloping B) is downward sloping C) jumps from one point on the quantity axis to another, leaving a gap
Brand: Quizplus
Rating: 4.7 (37 reviews)

Question

Quizplus · Accepted Answer

A normal good is a good for which the demand increases as income increases, resulting in a downward sloping demand curve.

A Normal Good Is a Good Whose Demand Curve