Economy, asked by rajputdivyanking, 2 months ago

shift in the demand curve means
a fall in demand due to rise in own price of the commodity
b. change in demand due to factors other than own price of the commodity​

Answers

Answered by akashrawat09
18

Answer:

Changes in factors like average income and preferences can cause an entire demand curve to shift right or left. This causes a higher or lower quantity to be demanded at a given price. Ceteris paribus assumption. Demand curves relate the prices and quantities demanded assuming no other factors change.

Answered by darakshaslam
1

Answer:

b change in demand due to factors orher than the own price of the commodity.

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