If there is an increase in then there will be an increase in the demand for most goods. a. consumer price b. production cost c. quantity supply d. consumer income select the best answer from the choices provided

The correct answer would be D, Consumer Income.

Explanation:

If there is an increase in the Consumer Income, then there will be an increase in the demand for most goods.

Yes this is true because there are certain products whose demand increases with the increase in the income of consumer. Such products are called the normal goods. Organic Pasta, Whole Wheat, Blueberries, Clothing, etc. All such goods are normal goods. If the income of the consumer increases, he may buy more unit of such products, thus increasing the demand for these products. So Option D is the appropriate one which states that if there is an increase in the consumer income, the demand for most goods also increases.

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