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

state the three causes each for a rightward shift and a leftward shift

1.	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» Solution :Factors leading to a LEFTWARD shift in the demand curve :- 1. Fall in the income of the consumer in case of a NORMAL good. 2. An unfavourable CHANGE in tastes and prefernces of the consumer. 3. Expectation of fall in price of the commodity in the NEAR future. Factors leading to a rightward shift in the demand curve:- 1. Increase in the income of the consumer in case of a normal good. 2. A favourable change in tastes and prefernces of the consumer. 3. Expectation of RISE in price of the commodity in the near future.