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प्रश्न
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?
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उत्तर
A fall in train prices will cause the demand curve for the bus travel between the two cities to move leftward.
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संबंधित प्रश्न
With the help of a graph explain the increase in demand concept.
What does a downward movement along the same demand curve indicate?
What does an upward movement along the same demand curve indicate?
Explain the following diagram:
Give two reasons for the shift of the demand curve towards the left.
What causes an upward movement along a demand curve?
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.
An increase in the demand for a commodity is due to a fall in its price.
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.
