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 Form 3 Business Studies: Demand and supply online lessons

Factors that may cause a shift of demand curve to the right (increase)

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Answer Text:
Factors that may cause a shift of demand curve to the right (increase):
-An increase in incomes
-An increase in price of substitute goods.
-A positive change in consumers tastes preference and quality.
-An increase in population.
-Favourable government policy like reduction of taxation.
-Future expectation of price increase.
-A decrease in price of complimentary goods.


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