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प्रश्न
What is increase in demand?
When does 'increase' in demand take place?
What is meant by increase in demand?
उत्तर
Increase in demand refers to a rise in the demand of a commodity caused due to any factor other than the own price of the commodity. Here, more quantity is demanded at the same price.
संबंधित प्रश्न
What does a downward movement along the same demand curve indicate?
When the demand curve of a product shifts to the right, it represents a situation of ______.
An increase in the price of electricity, will curve the demand for electric appliances to ______.
Mr Vijay purchases 2 litres of milk per day when it is priced at ₹ 35 per litre. Suppose he has some guests at home and consequently he purchases 6 litres of milk on that day. What will you call it?
An increase in the price of electricity will cause an ______.
Differentiate between a change in quantity demanded and a change in demand.
There are train and bus services between New Delhi and Jaipur. Suppose, the train fare between the two cities comes down. How will this affect the demand curve for bus travel between the two cities?
What does a rightward shift of demand curve indicate?
Explain the diagram given alongside.
The following table shows a change in the demand. Read the table carefully and answer the question that follows:
| Case I | Case II | ||
| Price (₹) | Quantity | Price (₹) | Quantity |
| 10 | 20 | 10 | 20 |
| 10 | 10 | 5 | 20 |
What type of change is it, decrease in demand or contraction in demand? Give a reason.
