What kind of relationship exists between income and demand in case of normal goods?

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asked Jan 14, 2024 199k views

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Spar · Answer 1 · 2024-01-18T23:29:33+0000

Answer: Direct relationship

Explanation: There is a direct relationship between income and demand in the case of normal goods. They are directly related to each other. If the income increases, the demand will also rise, and if the income decreases, demand will also fall.

What kind of relationship exists between income and demand in case of normal goods?

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