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प्रश्न
When the demand curve of a product shifts to the right, it represents a situation of ______.
पर्याय
Increase in demand
Expansion in demand
Decrease in demand
Contraction in demand
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उत्तर
When the demand curve of a product shifts to the right, it represents a situation of increase in demand.
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संबंधित प्रश्न
What is meant by the contraction in demand?
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
What does a downward movement along the same demand curve indicate?
Define decrease in demand.
Give two reasons for the shift of the demand curve towards the left.
With the help of a suitable diagram, distinguish between a change in quantity demanded and a change in demand.
Distinguish between “movement along the demand curve” and shift of a demand curve.
Define contraction of demand (or decrease in quantity demanded).
What does a rightward shift of demand curve indicate?
With the help of a suitable diagram, explain expansion in demand.
