Advertisement Remove all ads

Answer the Following Question. Give Any Three Factors that Can Cause a Rightward Shift of the Demand Curve. - Economics

Short Note

Answer the following question.
Give any three factors that can cause a rightward shift of the demand curve.

Advertisement Remove all ads

Solution

Three factors that can cause a rightward shift of the demand curve are as follows:

  1. Increase in the income of the consumer
  2. Increase in the price of the substitute goods
  3. Change in tastes and preferences in favour of the commodity.
Concept: Movement Along and Shifts in the Demand Curve
  Is there an error in this question or solution?
Advertisement Remove all ads
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×