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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?
With the help of a graph explain the increase in demand concept.
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Explain the following diagram:
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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?
Define contraction of demand (or decrease in quantity demanded).
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.
