State three causes of rightward shift of D.
Curve.
Answers
Answered by
16
- Increase in the income of the consumer in case of a normal good.
- A favourable change in tastes and prefernces of the consumer.
- Expectation of rise in price of the commodity in the near future.
Answered by
0
Question :-
State three causes of rightward shift of D. Curve
Answer :-
- Fall in the price of factors of Production: When prices of factors of production (wages, cost of raw material etc.)
- Increase in the number of firms in the Market: When new firms enter into the market then total supply increases.
Hope it helps ✌️
Similar questions
Science,
3 hours ago
Science,
3 hours ago
Math,
5 hours ago
Hindi,
7 months ago
Computer Science,
7 months ago