If the price of a commodity falls and the quantity purchased does not rise, the commodity can be described as________
Scarce
Normal
Superior.
Inferior
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inferior good is a good whose demand decreases when consumer income rises (or demand increases when consumer income decreases),unlike normal goods, for which the opposite is observed.[3] Normal goods are those goods for which the demand rises as consumer income rises or dmand decreases as price of fall.the answer is normal
No i dont think so this is bcus inferior good is a good whose demand decreases when consumer income rises (or demand increases when consumer income decreases),unlike normal goods, for which the opposite is observed.Normal goods are those goods for which the demand rises as consumer income rises.or demand decrease as consumer income decrease
