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Question
Changes in the pattern of tastes and preferences of the consumers will affect the levels of
Changes in the pattern of tastes and preferences of the consumers will affect the levels of
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Solution
The correct option is C Demand curve
A change in the taste and preferences may also cause shifts in the demand curve. A rise in the desire for a product will cause a rightward shift in the demand curve and vice versa.
Demand curve
A change in the taste and preferences may also cause shifts in the demand curve. A rise in the desire for a product will cause a rightward shift in the demand curve and vice versa.
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