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Write any four factors that cause rightward shifts in demand curve.

Write any four factors that cause rightward shifts in demand curve.

Solution

A rightward shift means demand rises at every price, and four factors that cause it are:

  1. Rise in income: higher consumer income increases demand for normal goods.
  2. Rise in the price of a substitute: makes this good relatively cheaper, raising its demand.
  3. Favourable change in tastes and preferences: growing popularity of the good increases demand.
  4. Increase in population: more buyers in the market raise total demand.

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