-A decrease in the people’s income
-A decrease in the price of the substitute
-An increase in the price of a complementary product.
-Deterioration in terms of sale e.g. Lower Discount.
-Where there is expectation that true price of the product will fall in the near future.
-The introduction of a new but cheaper substitute
Kavungya answered the question on September 25, 2019 at 07:00
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