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18 April, 15:28

For most products, purchases tend to fall with decreases in consumers' incomes. Such products are known as r:

a. inferior goods.

b. direct goods.

c. average goods.

d. normal goods.

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  1. 18 April, 16:43
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    Normal goods.

    Explanation:

    Normal goods are generally have positive income elasticity of demand. This states that there is a positive relationship between the demand for normal goods and income level of the consumers.

    Suppose the income of a consumer decreases as a result the demand for normal goods also decreases and if the income of a consumer increases then as a result the demand for normal goods increases.

    Therefore, such products are normal goods.
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