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प्रश्न
There are train and bus services between New Delhi and Jaipur. Suppose the train fare between the two cities comes down. How will this affect the demand curve for bus travel between the two cities?
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उत्तर
A fall in train prices will cause the demand curve for the bus travel between the two cities to move leftward.
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संबंधित प्रश्न
What is meant by an increase in demand?
What does a downward movement along the same demand curve indicate?
What does an upward movement along the same demand curve indicate?
What is an expansion of demand?
Explain the following diagram:
With the help of a suitable diagram, distinguish between a change in quantity demanded and a change in demand.
Distinguish between “movement along the demand curve” and shift of a demand curve.
Explain the following diagram.
Give two factors responsible for the shift of the demand curve to the right.
State whether the following statement is true or false. Give reasons.
An increase in the demand for a commodity is due to a fall in its price.
