When income of the consumer falls the impact on price-demand curve of an inferior good is: [CBSE 2015]
A. Shifts to the right.
B. Shifts to the left.
C. There is upward movement along the curve.
D. There is downward movement along the curve.
Answer:A
When income of the consumer falls the impact on price-demand curve of an inferior good is: [CBSE 2015]
A. Shifts to the right. B. Shifts to the left. C. There is upward movement along the curve. D. There is downward movement along the curve.