When income of the consumer increases then demand curve of an inferior good:

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When income of the consumer increases then demand curve of an inferior good:

A. Shifts rightward

B. Shifts leftward

C. Does not shift

D. None of the above

Inferior good is a good that decreases in demand when consumer income raises, i.e. cheaper cars. An increase in income causes a decrease in demand for inferior good so demand curve shifts leftwards and vice versa.)

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Accepted Answer

B. Shifts leftward

When income of the consumer increases then demand curve of an inferior good:

Correct Answer :

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