Social Sciences, asked by rohitnagarji5000, 7 months ago

in rise in income ,which types of demands for more serives increase​

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Answered by harikrishnanp2110200
1

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Answered by Anonymous
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Increase in demand means the consumer buys more of the good at various prices than before. For example, if the income of a consumer increases, or if the fashion for a goods increases, the consumer will buy greater quantities of the goods than before at various given prices. As a result the whole demand curve will shift upward.

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