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प्रश्न
Explain the diagram given below.
उत्तर
The diagram shows change in demand. DD is the initial demand curve. Price remaining the same (at OP level), when demand rises due to changes in factors other than price, the demand curve shifts from DD to D1D1, indicating an increase in demand. The demand curve shifts to the left, as denoted by demand curve D2D2 indicates a decrease in demand when other factors become unfavourable.
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.
Complete the following demand schedule:
| Price (in ₹) | Quantity of mangoes demanded (in kg) |
| 350 | 2 |
| 300 | |
| 250 | |
| 200 | |
| 150 | |
| 100 |
The demand curve is generally ______.
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?
The market demand curve is a ______ summation of all individual demand curves.
Using hypothetical data show a market demand schedule.
State the impact of the following changes on the demand curve of a commodity:
Increase in the supply of a substitute commodity
How is the market demand curve derived from the individual demand curves?
Define an individual demand schedule.
Define a market demand schedule.
