What Is the Name of Those Products Whose Demand Will

question 41

Multiple Choice

What is the name of those products whose demand will increase as a result of an increase in income?

• A)Normal products.
• B)Complementary products.
• C)Substitute products.
• D)Inferior products.

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Definitions:

License

Official permission or permit to do, use, or own something.

Board

A group of individuals elected or appointed to govern or provide oversight on the direction and policies of an organization, institution, or corporation.

Profession

A vocation or career, especially one that requires specialized education, training, and skills.

Networking

The practice of establishing a web of professional or social contacts to exchange information, gain support, or form beneficial relationships.