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प्रश्न
Give the meaning of Income demand.
What is meant by income demand?
लघु उत्तर
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उत्तर
It refers to the quantity demanded of a commodity in relation to the income of the consumer, other things being constant. When income increases the demand for normal goods shifts to the right while the demand curve for inferior good shifts be to the left.
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पाठ 2: Demand and Law of Demand - TEST YOURSELF QUESTIONS [पृष्ठ २६]
