Assuming that the supply of cars will remain constant and the prices of cars are expected to increase in future, then what will be its effect on…
CA Foundation · Business Economics · PYQS · September 2025
Assuming that the supply of cars will remain constant and the prices of cars are expected to increase in future, then what will be its effect on Demand Curve?
Suggested Answer and Working Notes:
Correct Answer: Option (A)
A. Demand curve will shift to right.
Topics: Theory of Demand and Supply
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