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Business Data Management · Quiz 1 · 15 Mar 2026 · January 2026 term

Question 13: What can be inferred about the relationship between inco…

Question 13

+1 markOne or more correct options

What can be inferred about the relationship between income and the demand for goods with fixed prices? [Select all that apply]

Select all that apply.

  1. A

    Demand might increase for some goods

  2. B

    Demand might decrease for some goods

  3. C

    Demand will increase for all goods

  4. D

    Demand will decrease for all goods

Show answer

Correct answers

  • A

    Demand might increase for some goods

  • B

    Demand might decrease for some goods

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Question 13 of 18 in the IIT Madras BS Business Data Management (BDM) Quiz 1 paper sat on 15 Mar 2026, in the January 2026 term (Business Data Management 15 Mar 26). It carries 1 mark.

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