When the demand for a good increases owing to an increase in income, it means that
A.
there is an increase in quantity demanded
B.
inflation has taken place
C.
demand has exceeded supply
D.
there is an increase in demand
Correct Answer: Option D
Explanation
No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn, please click here
Contributions ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}