Contraction of demand is the result of :
A. decrease in the number of Consumers .
B. increase in the price of the good concerned
C. decrease in the prices of other goods
D. decrease in the income of purchasers
Answer:B
Contraction of demand is the result of :
A. decrease in the number of Consumers . B. increase in the price of the good concerned C. decrease in the prices of other goods D. decrease in the income of purchasers