2. Sample Papers
  3. SSC

SSC Sample Paper SSC (Group-C) Sample Test Paper-8

  • question_answer
    As income increases the demand for inferior goods

    A)  increases                    

    B)  remains constant

    C)  fluctuates                   

    D)  decreases

    Correct Answer: D

    Solution :

     A negative income elasticity of demand is associated with inferior goods. This implies that an increase in income will lead to a fall in the demand and may lead to changes to more luxurious substitutes.


You need to login to perform this action.
You will be redirected in 3 sec spinner