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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
What is meant by the contraction in demand?
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
With the help of a graph explain the increase in demand concept.
Differentiate between extension and contraction of demand.
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?
What causes a downward movement along a demand curve?
What does a rightward shift of demand curve indicate?
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.
Explain the following diagram.
Give two factors responsible for the shift of the demand curve to the right.
