an unfavourable change in the taste of the buyer for the commodity.
answer please......
Answers
Answered by
1
Answer:
If there is an unfavourable change in the taste and preference of buyers then the quantity of the commodity decreases as shown in the figure. ... It means that the buyer would no longer be interested to buy the same commodity anymore.
Answered by
1
Answer:
An unfavourable changes in tastes and preferences of consumer will cause the demand curve to shift leftwards as demand for the commondity will decrease at the same price.
Similar questions