Answer to Question #105117 in Microeconomics for Muofhe

Question #105117
With aid of a graph, briefly explain of the increase in the income on the demand of the inferior goods?
1
Expert's answer
2020-03-11T10:20:51-0400

as income rises, demand for these goods decreases. if the population is poor and the price of low-quality goods is low, then the volume is high.

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