Which of the following is the effect of non-price determinants on the Leftward Shift in Demand Curve?

CA Foundation · Business Economics · PYQS · January 2026
Which of the following is the effect of non-price determinants on the Leftward Shift in Demand Curve?
(A) A. Rise in the price of a substitute good
(B) B. Rise in the price of a complement
(C) C. An Increase in number of buyers
(D) D. An expectation that the price will rise in the future

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Rise in the price of a complement

Topics: Theory of Demand and Supply

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