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Observe the given diagram and answer the following questions: The rightward shift in demand curve ______. Leftward shift in demand curve ______. Price remains ______. - Economics

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Question

Observe the given diagram and answer the following questions:

  1. The rightward shift in demand curve ______.
  2. Leftward shift in demand curve ______.
  3. Price remains ______.
  4. An increase and decrease in demand come under ______.
Fill in the Blanks
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Solution

  1. The rightward shift in the demand curve increases in demand.
  2. Leftward shift in demand curve decrease in demand.
  3. Price remains constant.
  4. An increase and decrease in demand come under the change in demand.
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Chapter 3.1: Demand Analysis - Exercise [Page 26]

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Balbharati Economics [English] Standard 12 Maharashtra State Board
Chapter 3.1 Demand Analysis
Exercise | Q 5. 2) | Page 26
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