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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
What is meant by the contraction in demand?
What is meant by an increase in demand?
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?
Distinguish between “movement along the demand curve” and shift of a demand curve.
Define contraction of demand (or decrease in quantity demanded).
What causes an upward movement along a demand curve?
What causes a downward movement along a demand curve?
With the help of a suitable diagram, explain expansion in demand.
Explain the following diagram.
Give two factors responsible for the shift of the demand curve to the right.
