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When an individual’s income rises, when everything else remains the same, his demand for normal goods:

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Question:

When an individual’s income rises, when everything else remains the same, his demand for normal goods:

A.

Rises

B.

Falls

C.

Remains the same

D.

Any of the above is possible

Answer» a. Rises

Note: The above multiple-choice question is for all general and Competitive Exams in India.