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प्रश्न
What is increase in demand?
When does 'increase' in demand take place?
What is meant by increase in demand?
उत्तर
Increase in demand refers to a rise in the demand of a commodity caused due to any factor other than the own price of the commodity. Here, more quantity is demanded at the same price.
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संबंधित प्रश्न
What does a downward movement along the same demand curve indicate?
The goods whose demand decreases as income increases.
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?
Differentiate between a change in quantity demanded and a change 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?
State two types of related goods.
What does a rightward shift of demand curve indicate?
