If There Is an Increase in Income, Which of the Following

question 368

Multiple Choice

If there is an increase in income, which of the following is true?

• A) The demand for complementary goods decreases.
• B) The demand for substitute goods decreases.
• C) The demand for normal goods decreases.
• D) The demand for normal goods increases.
• E) The supply for all goods decreases.

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Definitions:

Opening

The initial part or phase of something, such as an event, book, or business opportunity.

Document

A document in written, printed, or electronic form that supplies information or proof and acts as an official record.

Revising

The process of reviewing and altering content in a text to improve clarity, coherence, and overall quality.

Quality

The degree to which something meets certain standards or fulfills requirements, expectations, or specifications.