Advertisements
Advertisements
प्रश्न
What is a decrease in demand?
Define decrease in demand.
उत्तर
When there is a fall in demand due to changes in factors other than the own price of the commodity, it is called a decrease in demand. Here, a smaller quantity is purchased at the same price.
संबंधित प्रश्न
What is meant by the contraction in demand?
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
What is an expansion of demand?
Distinguish between 'movement along the demand curve' and shift of a demand curve.
Define contraction of demand (or decrease in quantity demanded).
What causes an upward movement along a demand curve?
What does a rightward shift of demand curve indicate?
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.
Give two factors responsible for the shift of the demand curve to the right.
State whether the following statement is true or false. Give reasons.
A change in quantity demanded as a result of price change will imply a shift of the demand curve to the right.
