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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
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
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Give two reasons for the shift of the demand curve towards the left.
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With the help of a suitable diagram, distinguish between a change in quantity demanded and a change in demand.
Define contraction of demand (or decrease in quantity demanded).
What causes an upward movement along a demand curve?
What does a rightward shift of demand curve indicate?
Explain the following diagram.
State whether the following statement is true or false. Give reasons.
A change in quantity demanded as a result of price change will imply a shift of the demand curve to the right.
