# Average income increase from Rs20,000 p.a to Rs 22,000 p.a Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ? with Answer - Economics Mcqs | TestPrep

> Solved MCQ: Average income increase from Rs20,000 p.a to Rs 22,000 p.a Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ? Correct Answer: D. The product is normal. Verified answer explanation for FPSC, PPSC, MDCAT, NTS, and CSS competitive exam preparation.

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# Average income increase from Rs20,000 p.a to Rs 22,000 p.a Quantity demanded per year increases 5000 to 6000 units. Which of the following is correct ?

Direct Answer & Quick Reference

The correct option is **D. The product is normal**.

A. Demand is price inelastic

B. The good is inferior

C. Income elasticity is -2

D. The product is normal **(Correct Answer)**

✨ Explain with AI

Verified Key: D. The product is normal
Solved by 4,393+ students

Verified against official examination board answer keys and standard curriculum textbooks.

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