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What does a rightward shift of demand curve indicate? - Economic Applications

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What does a rightward shift of demand curve indicate?

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उत्तर

A rightward shift of demand curve indicates increase in demand due to change in any factor other than the own price of the good, e.g., rise in income (in case of a normal good), rise in price of a substitute good, etc.

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Shift in Demand Curve
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Elementary Theory of Demand - QUESTION BANK [पृष्ठ २५]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
पाठ 1 Elementary Theory of Demand
QUESTION BANK | Q 19. | पृष्ठ २५
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