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प्रश्न
State the impact of the following changes on the demand curve of a commodity:
Increase in the price of a complementary commodity
उत्तर
If the price of a complementary good rises, demand for the good falls. For example, if the price of an ink pen rises, the demand for ink will fall because ink and ink pens are complementary items.
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संबंधित प्रश्न
With the help of suitable diagram explain the meaning of rightward shift in the demand curve. Explain briefly any two of its determinants.
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increase in individual income
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Explain the diagram given below.
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Define a market demand schedule.
