For normal goods, the demand curve is: A. upward sloping only if the income effect is larger than the substitution effect. B. always downward sloping. C. always upward sloping. D. downward sloping only if the substitution effect is larger than the income effect.
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Home » Business » For normal goods, the demand curve is: A. upward sloping only if the income effect is larger than the substitution effect. B. always downward sloping. C. always upward sloping. D.