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प्रश्न
What causes a downward movement along a demand curve?
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उत्तर
Expansion of demand results in downward movement along the same demand curve.
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संबंधित प्रश्न
What is meant by an increase in demand?
With the help of a graph explain the increase in demand concept.
What is an expansion of demand?
Define decrease in demand.
Explain the following diagram:
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?
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?
Define contraction of demand (or decrease in quantity demanded).
The following table shows a change in the demand. Read the table carefully and answer the question that follows:
| Case I | Case II | ||
| Price (₹) | Quantity | Price (₹) | Quantity |
| 10 | 20 | 10 | 20 |
| 10 | 10 | 5 | 20 |
What type of change is it, decrease in demand or contraction in demand? Give a reason.
With the help of a suitable diagram, explain expansion in demand.
