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प्रश्न
What does an upward movement along the same demand curve indicate?
विकल्प
Increase in demand
Decrease in demand
Contraction in demand
Expansion in demand
उत्तर
Contraction in demand
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Column A | Column B | ||
(i) | Extention of demand | A. | Prices are expected to rise in future |
(ii) | Decrease in demand | B. | Rise in price |
(iii) | Contraction of demand | C. | Prices are expected to fall in future |
(iv) | Increase in demand | D. | Fall in prices |
Price in (₹) | Quantity demanded (units) |
20 | 100 |
25 | 70 |
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