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प्रश्न
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
विकल्प
Move upward along the same demand curve.
Move downward along the same demand curve.
The demand curve will shift to the right.
The demand curve will shift to the left.
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उत्तर
The demand curve will shift to the left.
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संबंधित प्रश्न
If Coke and Fanta are close substitutes to each other, a rise in price of Coke will lead to ______ for Fanta.
With the help of a graph explain the increase in demand concept.
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Explain the following diagram:
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In order to encourage tourism in Goa, Government of India suggests Indian Airlines to reduce air fares to Goa from four major cities: Chennai, Kolkata, Mumbai and New Delhi. If the Indian Airlines reduces the air fare to Goa, how will this affect the market demand curve for air travel to Goa?
What is meant by an increase in demand?
What causes an upward movement along a demand curve?
What does a rightward shift of demand curve indicate?
With the help of a suitable diagram, explain expansion in demand.
