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तामिळनाडू बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य इयत्ता ११

Increase in demand is caused by - Economics

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प्रश्न

Increase in demand is caused by

पर्याय

  • Increase in tax

  • Higher subsidy

  • Increase in interest rate

  • decline in population

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उत्तर

Higher subsidy

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  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Consumption Analysis - Model Questions - Part A [पृष्ठ ५०]

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सामाचीर कलवी Economics [English] Class 11 TN Board
पाठ 2 Consumption Analysis
Model Questions - Part A | Q 12 | पृष्ठ ५०

संबंधित प्रश्‍न

Briefly explain any two reasons for the occurrence of the law of demand.


Symbolically, the functional relationship between Demand and Price can be expressed as ______.


Explain the law of demand.


Write a statement of the Law of Demand.


The following table shows the demand schedule for 3 consumers in a market.

Price in (Rs) Consumer 1 Demand in (kgs) Consumer 2 Demand in (kgs) Consumer 3 Demand in (kgs) Market Demand
10 1 2 (i) ______ 6
8 2 (ii) ______ 4 9
6 3 4 5 12
5 4 5 6 (iii) ______

Based on the above hypothetical schedule answer the following questions.

  1. What is the demand of Consumer 3 priced at Rs 10 (i)
  2. What is the demand of Consumer 2 priced at Rs 8 (ii)
  3. Calculate the total market demand priced at Rs 4 (iii)
  4. From the above given table examine the relationship between price and demand.
  5. Mention any one exception to the law of demand.

When at a price of ₹ 5 per unit of a commodity, A's demand is for 11 units, B's demand is for 14 units and C's demand is for units (assuming that there are only three consumers in the market), the market demand is ______.


If prices of cars rise, many people may put off buying a new car. So the demand for petrol will fall.


If a good is inferior good, then purchases of that good will decrease when ______.


Pick the option which does not belong to the group:


State the law of demand.


Identify the correct statement from the following alternatives:


The following table shows the amount of sugar bought by a household at different prices:

Period Price (₹ per kg) Amount Bought (kg)
Jan. 2000 ₹ 15 4
Feb. 2000 ₹ 16 5

Does the behaviour of household contradict the law of demand? Give reasons in support of your answer.


State whether the following statement is true or false. Give reasons.

The law of demand states a direct relationship between price and demand.


What does the term "ceteris paribus" mean in relation to the Law of Demand?


According to the Law of Demand, what happens when the price of a commodity decreases, assuming no other factors change?


Which of the following is NOT an assumption of the Law of Demand ?


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