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Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour3 Marks
Question
What do you mean by a normal good?
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Answer

A good whose demand is increases with the increase income of the consumers and demand decreases with the decrease in income of the consumers is known as normal good.
There is a direct relationship between income and demand.

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