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प्रश्न
Demand curve of a good shifts from DD' to Demand dd'. This shift can be caused by:
पर्याय
Fall in the price of the good
Rise in the price of the good
Rise in the price of substitute goods
Rise in the price of complementary goods
उत्तर
Rise in the price of complementary goods
APPEARS IN
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.
The bus fare between two cities is reduced. How will this affect the demand curve for bus travel between the two cities?
A fall in income of the consumer (in the case of normal goods) will cause a/an ______.
The diagram given below shows the original demand curve (DD) for good X, which is a complement of good Y:
If there is a rise in the price of good Y, which demand curve for good X is relevant?
Differentiate between individual demand schedule and market demand schedule.
State the impact of the following changes on the demand curve of a commodity:
A rise in the price of the commodity
State the impact of the following changes on the demand curve of a commodity:
Increase in the supply of a substitute commodity
Shyam, Sita, Renu, Ahmed and John are five consumers of apples. Their demand for apples is given below. Derive the market demand schedule for apples.
| Price per Kg (in ₹) | Quantity Demanded (Apples) in Kg. | ||||
| Shyam | Sita | Renu | Ahmed | John | |
| 25.00 | 16 | 15 | 12 | 14 | 18 |
| 30.00 | 12 | 11 | 10 | 8 | 15 |
| 35.00 | 10 | 9 | 8 | 6 | 12 |
| 40.00 | 8 | 6 | 4 | 2 | 8 |
How is the market demand curve derived from the individual demand curves?
Define market demand.
