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Question : Which of these does not cause a shift in the demand curve?

Option 1: Advertisement

Option 2: Product price

Option 3: Income

Option 4: Related product price


Team Careers360 15th Jan, 2024
Answer (1)
Team Careers360 23rd Jan, 2024

Correct Answer: Related product price


Solution : Change in demand done with the other than the product price.
A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of a variation in its price.
Hence option d is the correct answer.
 

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