QuestionMarch 20, 2026

Define Which answer best describes a normal good? A. a good consumers demand less of as their incomes increase B. a good whose demand is unaffected by changes in price C. a good whose price is unaffected by changes in demand D. a good consumers demand more of as their

Define Which answer best describes a normal good? A. a good consumers demand less of as their incomes increase B. a good whose demand is unaffected by changes in price C. a good whose price is unaffected by changes in demand D. a good consumers demand more of as their
Define Which answer best describes a normal good?
A. a good consumers demand less of as their
incomes increase
B. a good whose demand is unaffected by
changes in price
C. a good whose price is unaffected by changes
in demand
D. a good consumers demand more of as their

Solution
4.3(210 votes)

Answer

D. a good consumers demand more of as their incomes increase Explanation 1. Identify definition of normal good A normal good is one for which demand increases when consumer income increases. 2. Match with given options Option D matches the definition, since it describes consumers demanding more as incomes rise.

Explanation

1. Identify definition of normal good <br /> A normal good is one for which demand increases when consumer income increases. <br />2. Match with given options <br /> Option D matches the definition, since it describes consumers demanding more as incomes rise.
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