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If Z is an inferior good, an increase in money income will shift the:

demand curve for Z to the right.

supply curve for Z to the left.

supply curve for Z to the right.

demand curve for Z to the left.

Sagot :

If Z is an inferior good, an increase in money income will shift the demand curve for Z to the left.

In the field of business, the demand curve can be described as the value or demand of a product in the market and its price in the form of a graph in a given time.

Inferior goods are those goods whose market value remains the same and not much difference is amde. However, when there is an increase in money income, the demand curve for an inferior good will move to the left as there will be an increase in the demand for Z which is an inferior good.

To learn more about demand curve, click here:

https://brainly.com/question/1139186

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