Explain causes of leftward shift in demand curve of a commodity.

1.	Explain causes of leftward shift in demand curve of a commodity.
Answer» <html><body><p></p>Solution :(i) A fall in price of substitute <a href="https://interviewquestions.tuteehub.com/tag/goods-1009877" style="font-weight:bold;" target="_blank" title="Click to know more about GOODS">GOODS</a>.<br/>(ii) An <a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> in price of complementary goods.<br/>(iii) A fall in income of the consumer in <a href="https://interviewquestions.tuteehub.com/tag/case-910082" style="font-weight:bold;" target="_blank" title="Click to know more about CASE">CASE</a> of a <a href="https://interviewquestions.tuteehub.com/tag/normal-1123860" style="font-weight:bold;" target="_blank" title="Click to know more about NORMAL">NORMAL</a> good.<br/>(iv) Unfavourable change in tastes and preferences of the consumer.<br/>(v) Expectation of fall in price of the commodity in the <a href="https://interviewquestions.tuteehub.com/tag/fututre-2664939" style="font-weight:bold;" target="_blank" title="Click to know more about FUTUTRE">FUTUTRE</a>.</body></html>

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