Normal good

Author Topic: Normal good  (Read 586 times)

Offline Md. Alamgir Hossan

  • Hero Member
  • *****
  • Posts: 935
  • Test
    • View Profile
Normal good
« on: April 15, 2017, 04:52:57 PM »
This means an increase in income causes an increase in demand. It has a positive. Note a normal good can be income elastic or income inelastic.