The downward movement along the demand curve of a commodity is due to: Choose the correct option. Option 1: Decrease in taxes Option 2: Decrease in the income of the consumer Option 3: Decrease in the price of its substitute Option 4: Decrease in the price of the commodity demanded.

The answer is 'Decrease in the price of the commodity demanded.'. View full solution:

CUET Economics - The downward movement along the demand curve of a commodity is due to: Choose the correct option. | PYQs + Solutions

CUET Economics

Micro

Easy

Decrease in taxes

Decrease in the income of the consumer

Decrease in the price of its substitute

Decrease in the price of the commodity demanded.

✅ Correct Option: 4