What will be the impact of the following changes on the demand curve of
(a) Cars when there is an increase in prices of petrol.
(b) Desktop computers with increase in prices of Laptops.
(c) Bread with increase in it's price.
(d) Trousers due to change in preference in favor of Jeans
(e) Bajra for a poor person when income of such person rises.
(f) Petrol if it's prices are expected to rise in near future.
Answers
Answer:
petrol if its prices are expected to rise in near future
Answer:
(a) If the price of petrol will increase many people will not drive cars and some people can also sell their cars this resulting to decrease air pollution.
(b) If increase in the price of laptop and PC resulting the loss of customers who wants to buy them and also because of these electricity will be saved on earth.
(c) If bread with increase in prize will impact the tradition of breakfast as many people will change their breakfast. This will also impact the productivity of wheat.
(d) This will impact the whole productivity of trousers and jeans many people will buy trousers at the place of jeans and can also cause the existence of trousers.
(e) I don't understand what are you saying.
(f) This will impact the productivity of cars and can also cause that many people will buy electric cars this will also reduce pollution but increase the consumption of electricity.