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The diagram shows the demand for shoes:Which of the following would cause a movement from B to A? - Economics

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प्रश्न

The diagram shows the demand for shoes:
Which of the following would cause a movement from B to A?

विकल्प

  • An increase in income

  • An increase in population

  • An increase in price of shoes

  • An increase in production

MCQ

उत्तर

An increase in price of shoes

Explanation:

An increase in the price of shoes will cause a movement from B to A. As the price increases from P to P1 the quantity of demand decreases.

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अध्याय 2: Elementary Theory of Demand - Exercise [पृष्ठ ५५]

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