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

Question:

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

A.

Increases

B.

Decreases

C.

Remains unchanged

D.

Cannot say

Answer» a. Increases

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

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