Question

explain any two causes of increase in demand of a commodity​

Answer 1

Answer:

Income of the consumer: As the income of the consumer increases ,his purchasing power increases and therefore the demand of the given commodity increases. Similarly, when the income of the consumer decreases,his purchasing power contradicts and hence the demand of the given commodity decreases.

Answer 2

Answer:

Increase in the income of consumer

Decrease in income of consumer.

These are two causes of increase in demand.......................................