Question

Statements related to decrease in demand
a) It is a type of change in demand
b) It takes place due to unfavourable changes in other factors like taste
c) Price remains constant
d) Demand curve shifts to the right hand side of the original demand
Options: 1) a, b, c, d 2) a, b, c 3) b, c, d 4) a, c. d​

Answer 1

Answer:

2. a, b, c

Explanation:

A - because there are two types of change in demand i.e increasing or decreasing.... Hence, here decreasing demand

B - because the changes in demand occurs due to unfavourable changes in demand

C - because here the changes takes place in other factors, so price remains constant

D - here, the demand curve shifts to left hand side of original demand curve, so it's not possible

Hence, answers are A, B, C

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