what are the causes of decrease in demand
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Answered by
7
Answer:
Causes of decrease in demand are :
1 . Increase in supply
2 . Increase in wages..
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Answered by
2
Answer:
Decrease in demand may occur due to the following reasons: (i) A goods has gone out of fashion or the tastes of the people for a commodity have declined. (ii) Incomes of the consumers have fallen. (iii) The prices of the substitutes of the commodity have fallen. (v) The propensity to consume of the people has
declined.
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