When real income rather than money income is kept constant in drawing a consumer's demand curve for a commodity, the demand curve is negatively…
CA Foundation · Business Economics · MTP · January 2026
When real income rather than money income is kept constant in drawing a consumer's demand curve for a commodity, the demand curve is negatively sloped:
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. Always
Topics: Theory of Demand and Supply
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