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प्रश्न
When the demand curve of a product shifts to the right, it represents a situation of ______.
विकल्प
Increase in demand
Expansion in demand
Decrease in demand
Contraction in demand
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उत्तर
When the demand curve of a product shifts to the right, it represents a situation of increase in demand.
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संबंधित प्रश्न
What is meant by the contraction in demand?
Differentiate between extension and contraction of demand.
Explain the following diagram:
Give two reasons for the shift of the demand curve towards the left.
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?
Distinguish between “movement along the demand curve” and shift of a demand curve.
What is meant by an increase in demand?
What causes an upward movement along a demand curve?
With the help of a suitable diagram, explain expansion in demand.
Explain the following diagram.
