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प्रश्न
From the given demand schedule, what will be the effect on demand curve.
| Price in (₹) | Demand (units) |
| 20 | 100 |
| 20 | 70 |
विकल्प
Shift to right
Shift to left
Upward movement along the demand curve
Downward movement along the demand curve
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उत्तर
Shift to left
Explanation:
The demand schedule shows that the price remains the same at ₹20, but the quantity demanded decreases from 100 units to 70 units. This indicates that something other than price has caused a decrease in demand. As a result, the entire demand curve shifts to the left, reflecting a decrease in demand at every price level.
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संबंधित प्रश्न
Explain the role of the following in correcting ‘deficient demand’ in an economy:
(i) Open market operations.
(ii) Bank rate.
The relationship between income and demand for inferior goods is ______.
If commodity X and Y are substitutes, increase in price of X will affect demand of Y how?
What will be the values of (i) and (ii)?
| Price (in ₹) | Quantity Demanded by | Total Demand | ||
| A | B | C | ||
| 10 | 30 | (i) | 12 | 52 |
| 20 | 20 | 8 | 9 | 37 |
| 30 | 10 | 6 | (ii) | 22 |
Construct a demand schedule showing relationship between price and quantity demanded.
Explain briefly the factors which influence individual demand for a commodity.
What is a demand schedule?
What does a demand schedule show?
According to the law of demand, what usually happens as the price of a commodity falls?
Why are individual and market demand schedules useful for businesses?
