1.

Giving reason, state the impact of each of following on demand curve of a normal good ‘X’ if i) Price of its complementary good falls. ii) News reports claims that consumption of product X has harmful effect on human health. iii) Income of consumer increases,

Answer»

Giving reason, state the impact of each of following on demand curve of a normal good ‘X’ if
i) Price of its complementary good falls.
ii) News reports claims that consumption of product X has harmful effect on human health.
iii) Income of consumer increases,



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