Question

Contraction of demand is the result of :
(a) decrease in the number of Consumers .
(b) increase in the price of the good concerned
(c) decrease in the prices of other goods
(d) decrease in the income of purchasers

Answer 1

Explanation:

Contraction of demand is the result of :

(a) decrease in the number of Consumers .

(b) increase in the price of the good concerned

(c) decrease in the prices of other goods

(d) decrease in the income of purchasers✔️✔️✔️

Answer 2

$\boxed{ANSWER}$

(d) decrease in the income of purchasers

☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆☆