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 Form 3 Business Studies: Demand and supply online lessons

Factors that may cause a shift in demand curves to the left or a decrease

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Answer Text:
Factors that may cause a shift in demand curves to the left (a decrease)
-Fall in level of incomes.
-Fall in price of substitutes
-negative change of tastes preferences, fashion and quality.
-Decrease in population.
-Unfavorable government policies
-Future expectation of reduction in price.


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