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Which changes can cause a leftward shift in the demand curve ? Also state the change, which causes downward movement along the demand curve ?

Answer» <html><body><p></p>Solution :(i) Fall in price of substitue goods.<br/>(ii) <a href="https://interviewquestions.tuteehub.com/tag/increase-1040383" style="font-weight:bold;" target="_blank" title="Click to know more about INCREASE">INCREASE</a> in price of complementary goods.<br/>(<a href="https://interviewquestions.tuteehub.com/tag/iii-497983" style="font-weight:bold;" target="_blank" title="Click to know more about III">III</a>) Fall in <a href="https://interviewquestions.tuteehub.com/tag/income-25499" style="font-weight:bold;" target="_blank" title="Click to know more about INCOME">INCOME</a> of the consumer in <a href="https://interviewquestions.tuteehub.com/tag/case-910082" style="font-weight:bold;" target="_blank" title="Click to know more about CASE">CASE</a> of a normal good.<br/>(iv) Unfavourable changes in tastes and prefernces of the consumer.<br/>(v) Expectation of fall in price of the <a href="https://interviewquestions.tuteehub.com/tag/commodity-923558" style="font-weight:bold;" target="_blank" title="Click to know more about COMMODITY">COMMODITY</a> in the future.<br/></body></html>


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