When income of the consumer falls the impact on price-demand curve of – InterviewSolution

1.	When income of the consumer falls the impact on price-demand curve of an inferior goods is: (choose the correct alternative)(i) Shifts to the right (ii) Shifts to the left (iii) There is upward movement along the curve (iv) There is downward movement along the curve.
Answer» (i) Shift to the right.

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