Advertisements
Advertisements
प्रश्न
A fall in income of the consumer (in the case of normal goods) will cause a/an ______.
विकल्प
Upward movement on the same demand curve
Downward movement on the same demand curve
Rightward shift of the demand curve
Leftward shift of the demand curve
उत्तर
A fall in income of the consumer (in the case of normal goods) will cause a/an leftward shift of the demand curve.
APPEARS IN
संबंधित प्रश्न
Demand curve of a good shifts from DD' to Demand dd'. This shift can be caused by:
The diagram given below shows the original demand curve (DD) for good X, which is a complement of good Y:
If there is a rise in the price of good Y, which demand curve for good X is relevant?
In the following diagram, the demand curve is upward sloping. Under what kind of goods is it possible?
Using hypothetical data show a market demand schedule.
State the impact of the following changes on the demand curve of a commodity:
increase in individual income
State the impact of the following changes on the demand curve of a commodity:
Increase in the supply of a substitute commodity
Shyam, Sita, Renu, Ahmed and John are five consumers of apples. Their demand for apples is given below. Derive the market demand schedule for apples.
Price per Kg (in ₹) | Quantity Demanded (Apples) in Kg. | ||||
Shyam | Sita | Renu | Ahmed | John | |
25.00 | 16 | 15 | 12 | 14 | 18 |
30.00 | 12 | 11 | 10 | 8 | 15 |
35.00 | 10 | 9 | 8 | 6 | 12 |
40.00 | 8 | 6 | 4 | 2 | 8 |
Define market demand.
Define a market demand schedule.
What is a demand schedule?