Question 36

Which of the following will cause an increase in demand for a good?

Increasing the price of its substitute goods will increase the demand for a good.

Lets understand with an example, 

If there is increase in the price of petrol and than the demand for the electric vehicle will automatically increase

=> Hence, Option D is correct.

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free