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प्रश्न
Differentiate between a change in quantity demanded and a change in demand.
उत्तर
| Change in Quantity Demanded | Change in Demand |
| Change in quantity demanded refers to increase or decrease in quantity demanded for a commodity in response to decrease or increase in own price, other things remaining constant. | Change in demand refers to increase or decrease in demand for a commodity in response to change in other determinants of demand other than the price of the same commodity. |
| The consumer moves downward or upward along the same demand curve. | The demand curve shifts either rightward or leftward. |
संबंधित प्रश्न
An increase in the price of electricity, will curve the demand for electric appliances to ______.
The goods whose demand decreases as income increases.
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 ______.
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?
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?
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.
