मराठी

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? - Economic Applications

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प्रश्न

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?

पर्याय

  • Increase in demand

  • Increase in quantity demanded

MCQ

उत्तर

Increase in demand

Explanation:

This scenario describes an increase in quantity demanded because the change in the quantity of milk purchased is due to a specific, temporary situation (having guests) rather than a change in the price of milk. An increase in demand would generally refer to a shift in the demand curve due to factors like income, preferences, or a change in the price of related goods, not just a temporary change in circumstances.

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Shift in Demand Curve
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Elementary Theory of Demand - QUESTIONS [पृष्ठ १७]

APPEARS IN

गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 1 Elementary Theory of Demand
QUESTIONS | Q 23. | पृष्ठ १७
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