5. For a change in which of the following there is no change in demand?
(a) Change in price
(b) Change in Income
(c) Change in Taste and Fashion (d) none of these
Answers
Answered by
1
Answer:
a. change in price
Explanation:
change in demand occurs due to change in factors other than price , so due to change in options ( b and c ) , change in demand will occur.
But due to change in price only change in quantity demanded occur not change in demand .
Similar questions