Observe the diagram(a) Comment on the given demand curve. (b) Give an – InterviewSolution

1.

Observe the diagram(a) Comment on the given demand curve. (b) Give any two reasons for the positional change of demand curve from Dd to Dp

Answer»

(a) Shift in demand / increase in demand

(b) Increase in income of the consumers. Change in taste and preference of the consumers.

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