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Give reason and inpact on demand …

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Give reason and inpact on demand curve: News report claims that consumption of product X has harmful effects on human health.
  • 3 answers

Syed Khabib 7 years, 7 months ago

My pleasure

Sakshi Chahar 7 years, 7 months ago

Ty

Syed Khabib 7 years, 7 months ago

If people can change their habit then Demand of good X will fall and Demand curve shift leftwards. Because consumer can shift to another product. On the other hand if a consumer or person is habitual then there is no change in demand curve.
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