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प्रश्न
When the demand curve of a product shifts to the right, it represents a situation of ______.
विकल्प
Increase in demand
Expansion in demand
Decrease in demand
Contraction in demand
उत्तर
When the demand curve of a product shifts to the right, it represents a situation of increase in demand.
Explanation:
When a product's demand curve shifts to the right, it indicates an increase in demand. This means that at the same price levels, consumers are now willing to purchase more of the product than before. This shift can occur due to factors such as an increase in consumer income, a rise in the product's popularity, or a decrease in the price of complementary goods.
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संबंधित प्रश्न
An increase in the price of electricity, will curve the demand for electric appliances to ______.
If X and Y are complementary goods, a rise in the price of Y will cause the demand curve of X to ______.
Match the following:
| Column I | Column II |
| A. Extension of demand. | (i) A larger quantity is demanded at the same price. |
| B. Contraction of demand. | (ii) A smaller quantity is demanded at the same price. |
| C. Increase in demand. | (iii) Fall in quantity demanded due to the rise in its price. |
| D. Decrease in demand | (iv) Rise in the quantity demanded of a commodity as a result of fall in the price. |
How does an increase in income affect the demand for a normal good?
What is increase in demand?
What is decrease in demand?
The following table shows a change in the demand. Read the table carefully and answer the question that follows:
| Case | Price (₹) | Quantity (kg) |
| I | 10 | 20 |
| 10 | 10 | |
| II | 10 | 20 |
| 5 | 20 |
What type of change is it - decrease in demand or contraction in demand? Give a reason.
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?
State two types of related goods.
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.
