A fall in income of the consumer, other things being equal, causes:

May 5, 2021 – by admin

Question:

A fall in income of the consumer, other things being equal, causes:

A.

Increase in demand

B.

Decrease in demand

C.

Increase in quantity demanded

D.

Decease in quantity demanded

Answer» a. Increase in demand

Note:

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