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. A fall in the price of a commodity leads to

(1) A rise in Consumer’s real income

(2) A shift in demand

(3) A fall in demand

(4) A fall in Consumers real income

Answers were Sorted based on User's Feedback

. A fall in the price of a commodity leads to (1) A rise in Consumer’s real income (2) A shi..

Answer / guest

( 1 ) A rise in Consumer’s real income

Is This Answer Correct ?    33 Yes 9 No

. A fall in the price of a commodity leads to (1) A rise in Consumer’s real income (2) A shi..

Answer / odongo frederick bob

if the good is not a neccesity or has a close substitute,
the fall in its price will make it look inferior and
consumers will shift their demand to the close substitute.

Is This Answer Correct ?    5 Yes 8 No

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