Explain briefly any three factors which lead to decrease in demand.

1.	Explain briefly any three factors which lead to decrease in demand.
Answer» <html><body><p></p>Solution :<a href="https://interviewquestions.tuteehub.com/tag/1-256655" style="font-weight:bold;" target="_blank" title="Click to know more about 1">1</a>. Fall in the income of the <a href="https://interviewquestions.tuteehub.com/tag/consumer-25599" style="font-weight:bold;" target="_blank" title="Click to know more about CONSUMER">CONSUMER</a> in case of a normal good.<br/>2. An unfavourable change in tastes and prefernces of the consumer.<br/>3. Expectation of fall in <a href="https://interviewquestions.tuteehub.com/tag/price-1165141" style="font-weight:bold;" target="_blank" title="Click to know more about PRICE">PRICE</a> of the <a href="https://interviewquestions.tuteehub.com/tag/commodity-923558" style="font-weight:bold;" target="_blank" title="Click to know more about COMMODITY">COMMODITY</a> in the <a href="https://interviewquestions.tuteehub.com/tag/near-1112277" style="font-weight:bold;" target="_blank" title="Click to know more about NEAR">NEAR</a> future.</body></html>

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