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प्रश्न
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
पर्याय
Move upward along the same demand curve.
Move downward along the same demand curve.
The demand curve will shift to the right.
The demand curve will shift to the left.
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उत्तर
The demand curve will shift to the left.
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संबंधित प्रश्न
What does a downward movement along the same demand curve indicate?
Define decrease in demand.
Give two reasons for the shift of the demand curve towards the left.
With the help of a suitable diagram, distinguish between a change in quantity demanded and a change in demand.
Distinguish between “movement along the demand curve” and shift of a demand curve.
What is meant by an increase in demand?
Define contraction of demand (or decrease in quantity demanded).
What causes an upward movement along a demand curve?
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.
