Economy, asked by miskarifas, 1 month ago

State factors other than it's own price which may influence demand for a commodity

Answers

Answered by hudaattar123
1

Explanation:

As mentioned above, apart from price, demand for a commodity is determined by incomes of the consumers, his tastes and preferences, prices of related goods. Thus, when there is any change in these factors, it will cause a shift in demand curve.

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