What Is the Effect on a Normal Product If Income

question 60

Multiple Choice

What is the effect on a normal product if income increases?

• A)It will cause an increase in the quantity demanded.
• B)It will cause an increase in demand.
• C)It will cause a decrease in demand.
• D)It will cause an increase in supply.
• E)It will cause a decrease in supply.

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Definitions:

Batch File

A Windows-based script that can only be interpreted by the Windows operating system. A batch file has the extension .bat.

Echo

A command in various operating systems that displays messages or turns command echoing on or off in programming environments.

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A variable that describes the environment in which a program runs. It contains a name and a value, where the value is the path to the program identified by the variable name.