SSC CGL 2017 Tier 1 Questions and Answers

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Goods for which the quantity that a consumer chooses, increases as the consumer's income increases and decreases as the income decreases are called?

Question

Goods for which the quantity that a consumer chooses, increases as the consumer's income increases and decreases as the income decreases are called?

A Inferior goods

B Normal goods

C Complementary goods

D Substitute goods

Answer & Explanation
Answer: Normal goods

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