Mention four factors that may have caused the Demand curve to shift to the right.

      

Mention four factors that may have caused the Demand curve to shift to the right.
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Answers


sharon
- Incomes of the people could have increased.
- The tastes, fashions and preferences for the commodity could have changed favorably.
- Total population in the country could have increased.
- The prices of substitutes could have increased.
- Government policy (increase in subsidies, reduction of taxes.
- Seasonal changes.
- Future expectations of increase in prices.
- Future expectations of decrease in quantities supplied.
- Decrease in price of complementary goods.
sharon kalunda answered the question on September 2, 2019 at 13:38


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