Question

plss tell this ans...its a bit urgent​

Answer 1

1.Increase in income (Normal Good): When income increase, buyer of the commodity can buy more at same price. This causes are rightward shift in demand curve. ... When price of complementary good falls, its demand rises, this will also result in increase in demand for the given good as the two are complementary.

2.

Demand for a commodity will decrease also when there is a fall in income of the consumer (assuming that the commodity demanded is a normal good). This would imply a backward shift in demand curve: less goods will be purchased at the same price. Demand for a commodity falls from PK to PK1.