Demand for which good might increase with the increase in income?
1. Inferior goods
2. Giffen goods
3. Normal goods
Select the correct answer using the code given below.
1
2 and 3 only
2
2 only
3
3 only
4
1, 2 and 3
Demand for which good might increase with the increase in income?
1. Inferior goods
2. Giffen goods
3. Normal goods
Select the correct answer using the code given below.