Home ยป The following are causes of shift in demand EXCEPT the one Demand and Supply MCQs The following are causes of shift in demand EXCEPT the one September 27, 2022 8 Views Q. The following are causes of shift in demand EXCEPT the one: Change in incomeChange in priceChange in fashionChange in prices of substitutes Answer: Change in price
The term ‘normal profit’ as used in the analysis of equilibrium of the firm under perfect competition, refers to