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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 is meant by an increase in demand?
If Coke and Fanta are close substitutes to each other, a rise in price of Coke will lead to ______ for Fanta.
What does an upward movement along the same demand curve indicate?
What is an expansion of demand?
Explain the following diagram:
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 is meant by an increase in demand?
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.
Give two factors responsible for the shift of the demand curve to the right.
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.
