Economy, asked by harjiasahni, 9 months ago

Demand curve for when there is a favourable change in taste of the product

Answers

Answered by Anonymous

10

Answer:

Hope this helps you.

Explanation:

When price of substitutes rises the given commodity become relatively cheaper than its substitutes it is purchased in place of its substitutes. Hence demand for commodity increase, resulting in right ward shift in demand curve. ... Favourable change in taste for good will result in more demand of it at the same price.

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