English

What will be the effect on the demand curve if demand falls at the same price or demand remains the same even at a lower price?

Advertisements
Advertisements

Question

What will be the effect on the demand curve if demand falls at the same price or demand remains the same even at a lower price?

Very Short Answer
Advertisements

Solution

The demand curve shifts leftward. This is a decrease in demand, caused by a factor other than the commodity’s own price.

shaalaa.com
  Is there an error in this question or solution?
Chapter 3: Demand - REVISION TEST PAPERS (RTPs) [Page 3.54]

APPEARS IN

Sandeep Garg Introductory Microeconomics [English] Class 11
Chapter 3 Demand
REVISION TEST PAPERS (RTPs) | Q 8. | Page 3.54
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×