Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Get immediate answers to your questions from a wide network of experienced professionals on our Q&A platform. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

what is the cause of decrease in demand of products

Sagot :

Decrease in demand may occur due to the following reasons:A goods has gone out of fashion or the tastes of the people for a commodity have declined. Incomes of the consumers have fallen. The prices of the substitutes of the commodity have fallen.The propensity to consume of the people has declined.