Q49
The following are causes of shift in demand EXCEPT
A.
Change in income
B.
Change in price
AnswerC.
Change in fashion
D.
Change in prices of substitutes
Answer: Option B
Solution
Answer: Option B
Solution:
The following are causes of shift in demand except Change in price. A shift in the demand curve is when a determinant of demand, other than price, changes. A shift to the left means demand drops, and vice-versa.