Advertisements
Advertisements
प्रश्न
What is decrease in demand?
Define decrease in demand.
उत्तर
When there is fall in demand due to change in factors other than the own price of the commodity, it is called decrease in demand. Here, a smaller quantity is purchased at the same price.
संबंधित प्रश्न
When the demand curve of a product shifts to the right, it represents a situation of ______.
The goods whose demand decreases as income increases.
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?
What is increase in demand?
The following table shows a change in the demand. Read the table carefully and answer the question that follows:
| Case | Price (₹) | Quantity (kg) |
| I | 10 | 20 |
| 10 | 10 | |
| II | 10 | 20 |
| 5 | 20 |
What type of change is it - decrease in demand or contraction in demand? Give a reason.
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?
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.
