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If consumer income declines, then the demand for :

 a. normal goods will increase. 

 b. inferior goods will increase. 

 c. substitute goods will increase. 

 d. complementary goods will increase.

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/17
Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Answer option ________________B

inferior goods will increase

Alex Al Yazouri
by Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

 b.>>>>>>>>>>>>>>>>>>>>>>>>>>>>  inferior goods will increase. 

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. If consumer income declines, then the demand for The correct answer was: b. inferior goods will increase.

Mirza Gul Rehman Baig
by Mirza Gul Rehman Baig , Accountant , Fazal Cloth Mills Limited.

If consumer income declines, then the demand for inferior goods will increase. ................

Shahbaz Hayder
by Shahbaz Hayder , Group Head of Finance , Sharif Group of Companies

b. inferior goods will increase is the right answer

Salvatore Augello
by Salvatore Augello , owner , A.S. Trade & Consult

answer B ______________________________________________

Mohammed Fathe  Shaheem
by Mohammed Fathe Shaheem , Operation Executive , Arabian Construction Company

B ..............................................

Abdou warshan
by Abdou warshan , • مدير إدارة المخازن والنقل , شركة تمكين الدولية للأجهزة المنزلية

...................................................... b. inferior goods will increase.

Muhammad Ramzan Tufail  ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(B) is the Correct Ans.

 

Inferior goods will increase. 

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