A rise in the income of the consumer of a good X leads to a fall in the demand for that good. What is the good X called ?

A rise in the income of the consumer of a good X leads to a fall in th

1.	A rise in the income of the consumer of a good X leads to a fall in the demand for that good. What is the good X called ?
Answer» Solution :Inferior GOODS refers to those goods whose DEMAND decreases with an INCREASE in income. For example : If demand of 'Toned Milk' decreases with increase in income, then Toned Milk' is an inferior good.