मराठी

What does a downward movement along the same demand curve indicate? - Economic Applications

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प्रश्न

What does a downward movement along the same demand curve indicate?

पर्याय

  • Increase in demand

  • Decrease in demand

  • Contraction in demand

  • Expansion in demand

MCQ

उत्तर

Expansion in demand

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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 11. | पृष्ठ १७

संबंधित प्रश्‍न

When the demand curve of a product shifts to the right, it represents a situation of ______.


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?


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?


With the help of a suitable diagram explain the extension 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?


What does a rightward shift of demand curve indicate?


Explain the diagram given alongside.


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.


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