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प्रश्न
What does an upward 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
Contraction in demand
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संबंधित प्रश्न
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
Differentiate between extension and contraction of demand.
What does a downward movement along the same demand curve indicate?
Explain the following diagram:
Distinguish between “movement along the demand curve” and shift of a demand curve.
Define contraction of demand (or decrease in quantity demanded).
What causes a downward movement along a demand curve?
With the help of a suitable diagram, explain expansion in demand.
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.
