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state the three causes each for a rightward shift and a leftward shift of a demand curve. or Explin any three causes of a leftward shift of demand curve of a commodity. or State the causes of an increase in demand. Explain any two of them

Answer» <html><body><p></p>Solution :Factors leading to a <a href="https://interviewquestions.tuteehub.com/tag/leftward-540742" style="font-weight:bold;" target="_blank" title="Click to know more about LEFTWARD">LEFTWARD</a> shift in the demand curve :- <br/>1. Fall in the income of the consumer in case 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/>2. An unfavourable <a href="https://interviewquestions.tuteehub.com/tag/change-913808" style="font-weight:bold;" target="_blank" title="Click to know more about CHANGE">CHANGE</a> in tastes and prefernces of the consumer.<br/>3. Expectation of fall in price of the commodity 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.<br/> Factors leading to a rightward shift in the demand curve:- <br/>1. Increase in the income of the consumer in case of a normal good.<br/>2. A favourable change in tastes and prefernces of the consumer.<br/>3. Expectation of <a href="https://interviewquestions.tuteehub.com/tag/rise-1189674" style="font-weight:bold;" target="_blank" title="Click to know more about RISE">RISE</a> in price of the commodity in the near future.</body></html>


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