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प्रश्न
What does a downward movement along the same demand curve indicate?
पर्याय
Increase in demand
Decrease in demand
Contraction in demand
Expansion in demand
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उत्तर
Expansion in demand
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संबंधित प्रश्न
What is meant by the contraction in demand?
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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.
With the help of a suitable diagram, explain expansion in demand.
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.
