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प्रश्न
When the demand curve of a product shifts to the right, it represents a situation of ______.
पर्याय
Increase in demand
Expansion in demand
Decrease in demand
Contraction in demand
उत्तर
When the demand curve of a product shifts to the right, it represents a situation of increase in demand.
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संबंधित प्रश्न
What is meant by an increase in demand?
As a result of rise in consumer's income, the demand curve for coarse-grain (inferior good) will:
What does an upward movement along the same demand curve indicate?
What is a decrease in demand?
Explain the following diagram:
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 causes an upward movement along a demand curve?
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.
Explain the following diagram.
Give two factors responsible for the shift of the demand curve to the right.
