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प्रश्न
What does an upward movement along the same demand curve indicate?
विकल्प
Increase in demand
Decrease in demand
Contraction in demand
Expansion in demand
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उत्तर
Contraction in demand
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संबंधित प्रश्न
Explain the difference between (i) inferior goods and normal goods and (ii) cardinal utility and ordinal utility. Give example in each case.
Explain the following condition:
Movement along the same indifference curve.
From the set of events/systems given in column A and the corresponding relevant fact given in column B, about China, choose the correct pair of statements:
| column A | column B |
| (1) Shift in the Demand Curve | (a) Increase in quantity demanded |
| (2) Movement along the demand curve | (b) Increase in price |
| (3) Shift in the Demand Curve | (c) Decrease in price |
| (4) Movement along the demand curve | (d) Snob effect |
Match the following and select the correct option.
| Column A | Column B | ||
| (i) | Extention of demand | A. | Prices are expected to rise in future |
| (ii) | Decrease in demand | B. | Rise in price |
| (iii) | Contraction of demand | C. | Prices are expected to fall in future |
| (iv) | Increase in demand | D. | Fall in prices |
In order to encourage tourism in Goa, Government of India suggests to Indian Airlines to reduce air fare 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?
What is meant by expansion of demand?
What causes a downward movement along a demand curve?
When does movement along the demand curve occur for a product?
A shift in the demand curve for a commodity can be caused by ______.
Which statement correctly describes a shift of the demand curve?
