Question

Explain the factors that shift the demand curve to the left ward

Answer 1

Answer:

decrease in income,

if the factor is inferior good,

consumer has no taste for the commodity,

climatic conditions,

income of related goods

Answer 2

The factors that shift the demand curve to the left ward are:

★ Price of substitute goods

When the price of substitute goods decrease the demand for a commodity and demand curve them shift to left ward.

★ Income of consume decrease

When the income of consumer decrease the demand for normal goods decreases and demand curve shift to left ward.