Explain the causes of a rightward shift in demand curve of a commodity of an individual consumer.

Explain the causes of a rightward shift in demand curve of a commodity

1.	Explain the causes of a rightward shift in demand curve of a commodity of an individual consumer.
Answer» SOLUTION :(i) Increase in price of substitue GOODS. (II) Fall in price of complementary goods. (iii) Increase in income of the consumer in case of a normal good. (iv) Favourable CHANGE in tastes and PREFERENCES. (v) Expectation of increase in price in the future.