An upward shift in the demand curve for a product is caused by which of the following ?
A. Decrease in price of the products
B. Increase in consumer’s income
C. Fall in the price of substitutes
D. None of the above
Answer:B
An upward shift in the demand curve for a product is caused by which of the following ?
A. Decrease in price of the products B. Increase in consumer’s income C. Fall in the price of substitutes D. None of the above