Question

The following movement in the demand curve is because of:

विकल्प

• Increase in price of given commodity

• Decrease in price of given commodity

• Increase in price of substitute good

• Decrease in price of complementary good

Answer 1

Increase in price of given commodity

Explanation:

The diagram shows contraction along the same demand curve: price rises and quantity demanded falls. Changes in related-good prices would shift the curve instead.