Q. Other things being equal a decrease in demand can be caused by (Solved)
1. a fall in price of the commodity
2. a fall in income of the consumer
3. a rise in price of the substitute
4. none of these
- b. a fall in income of the consumer
1. a fall in price of the commodity
2. a fall in income of the consumer
3. a rise in price of the substitute
4. none of these