UPSC Prelims 2021 · GS Paper 1 · Q94
Economy
Medium · Determinants of market demand
Which of the following would most likely cause an increase in the market demand for a good?
1. A rise in the price of its substitute good
2. A rise in the price of its complementary good
3. A rise in consumer income, where the good in question is an inferior good
4. A fall in the good's own price
Select the correct answer using the code given below.