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प्रश्न
What does a rightward shift of demand curve indicate?
उत्तर
The rightward shift of demand curve indicates the increase in demand for a good due to change in the factors other than the price of the good. These factors can be increase in the income of a consumer, increase in the total number of consumers, increase in the price of substitute goods, etc.
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संबंधित प्रश्न
Explain the law of demand with its assumptions.
State and explain the ‘law of demand’ with its exceptions.
When does ‘increase’ in demand take place?
Distinguish between individuals demand and market demand.
How does change in the price of a substitute good affect the demand of the given good? Explain with the help of an example.
Fill in the blank using proper alternative given in the bracket:
Market demand is a total demand of...............buyers.
Define or explain the following concept.
Market Demand .
Do you agree with the following statement? Give reason
There are no exceptions to the law of demand.
Assertion (A): Under exceptional cases, demand curve has a positive slope.
Reasoning (R): In exceptional cases, consumer buys more when the price of a commodity rises and buys less when the price of commodity falls.
The shape of supply curve is ______
The demand curve for foreign exchange is ______
In case of perfect competition, AR curve is:
Explain why the demand curve slopes downwards.
- Assertion (A): The demand curve slopes downwards.
- Reasoning (R): A fall in the price of goods increases the real income of the consumer enabling him/her to buy more.
Study the following diagram and answer the questions:
Questions:
- In which direction does the demand curve slope?
- What is the reason for the fall in demand of rice from Q0 to Q1?
Draw a straight-line demand curve joining both the axes. Indicate the following on the demand curve.
Elasticity of demand is equal to zero
