The demand curve slopes upwards in case of which of the following scenarios?

CA Foundation · Business Economics · PYQS · May 2026
The demand curve slopes upwards in case of which of the following scenarios?
(A) A. Conspicuous necessities
(B) B. Normal goods
(C) C. Unitary elasticity
(D) D. Elasticity greater than one

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Conspicuous necessities

Topics: Theory of Demand and Supply

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