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प्रश्न
What does a rightward shift of demand curve indicate?
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उत्तर
A rightward shift of demand curve indicates increase in demand due to change in any factor other than the own price of the good, e.g., rise in income (in case of a normal good), rise in price of a substitute good, etc.
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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.
What does a downward movement along the same demand curve indicate?
What does an upward movement along the same demand curve indicate?
Explain the following diagram:
Give two reasons for the shift of the demand curve towards the left.
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?
Distinguish between “movement along the demand curve” and shift of a demand curve.
What causes a downward movement along a demand curve?
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.
Give two factors responsible for the shift of the demand curve to the right.
