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प्रश्न
What does a rightward shift of demand curve indicate?
उत्तर
The rightward shift of demand curve indicates the increase in demand for a good due to change in the factors other than the price of the good. These factors can be increase in the income of a consumer, increase in the total number of consumers, increase in the price of substitute goods, etc.
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संबंधित प्रश्न
Explain the law of demand with its assumptions.
State and explain the ‘law of demand’ with its exceptions.
Market of a commodity is in equilibrium. Demand for the commodity "increases." Explain the chain of effects of this change till the market again reaches equilibrium. Use diagram.
Prices of other goods and demand for the given good.
Explain how do the following influence demand for a good:
i. Rise in income of the consumer.
ii. Fall in prices of the related goods
Distinguish between individuals demand and market demand.
Good Y is a substitute of good X. The price of Y falls. Explain the chain of effects of this change in the market of X.
Fill in the blank using proper alternative given in the bracket:
Market demand is a total demand of...............buyers.
Define or explain the following concept.
Market Demand .
State with reason, whether you Agree or Disagree with the following statement.
The demand curve slopes downward from left to right.
Write explanatory notes or answer the following.
Aggregate demand
State with reasons whether you ‘agree’ or ‘disagree’ with the following statement.
Demand curve slopes downward from left to right.
Statements related to decrease in demand
- It is a type of change in demand
- It takes place due to unfavourable changes in other factors like tastes, income etc.
- Price remains constant
- Demand curve shifts to the right hand side of the original demand curve
The demand curve for foreign exchange is ______
In case of perfect competition, AR curve is:
Explain why the demand curve slopes downwards.
- Assertion (A): The demand curve slopes downwards.
- Reasoning (R): A fall in the price of goods increases the real income of the consumer enabling him/her to buy more.
