Question

    Normal goods, such as food and clothing, are

    characterized by a direct relationship between which of the following?
    A Sale and income Correct Answer Incorrect Answer
    B Demand and income Correct Answer Incorrect Answer
    C Loss and Demand Correct Answer Incorrect Answer
    D Demand and Supply Correct Answer Incorrect Answer

    Solution

    Normal goods exhibit a direct relationship between demand and income. As consumer income rises, the demand for these goods typically increases, which is a fundamental concept in economics.

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