{"@context":"https://schema.org/","@type":"Quiz","dateCreated":"2024-09-23T08:03:36.470Z","dateModified":"2026-04-02T12:15:13.156Z","typicalAgeRange":"11-18","educationalLevel":"CUET (UG)","assesses":"Economics - Indifference curve analysis","educationalAlignment":[{"@type":"AlignmentObject","alignmentType":"educationalTopic","targetName":"Indifference curve analysis"},{"@type":"AlignmentObject","alignmentType":"educationalSubject","targetName":"Economics"},{"@type":"AlignmentObject","alignmentType":"educationalExam","targetName":"CUET (UG)"}],"name":"Quiz about Indifference curve analysis","about":{"@type":"Thing","name":"Economics - Indifference curve analysis"},"hasPart":[{"@type":"Question","eduQuestionType":"Multiple choice","learningResourceType":"Practice problem","educationalLevel":"intermediate","name":"Question About Indifference curve analysis","text":"Which of the following factor is not responsible for the downward slope of the demand curve ?}","encodingFormat":"text/markdown","comment":{"@type":"Comment","text":"\"\""},"suggestedAnswer":[{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

bandwagon effect

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":1,"encodingFormat":"text/markdown","text":"

Law of Diminishing Marginal utility

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":2,"encodingFormat":"text/markdown","text":"

Substitution effect

","comment":{"@type":"Comment","text":"\"\""}},{"@type":"Answer","position":3,"encodingFormat":"text/markdown","text":"

Income effect

","comment":{"@type":"Comment","text":"\"\""}}],"acceptedAnswer":{"@type":"Answer","position":0,"encodingFormat":"text/markdown","text":"

bandwagon effect

","comment":{"@type":"Comment","text":"\"\""},"answerExplanation":{"@type":"comment","text":"The correct option is (A) :bandwagon effect."}}}]}

Which of the following factor is not responsible for the downward slope of the demand curve ?

The Correct Option is A

Solution and Explanation

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