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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
If Coke and Fanta are close substitutes to each other, a rise in price of Coke will lead to ______ for Fanta.
Explain the following diagram:
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With the help of a suitable diagram, distinguish between a change in quantity demanded and a change in demand.
What is meant by an increase in demand?
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Explain the following diagram.
State whether the following statement is true or false. Give reasons.
Contraction of demand is the result of a decrease in the number of consumers.
