Question

From the set of events/systems given in column A and the corresponding relevant fact given in column B, about China, choose the correct pair of statements:

column A	column B
(1) Shift in the Demand Curve	(a) Increase in quantity demanded
(2) Movement along the demand curve	(b) Increase in price
(3) Shift in the Demand Curve	(c) Decrease in price
(4) Movement along the demand curve	(d) Snob effect

Options

• 1 - (a)

• 2 - (b)

• 3 - (c)

• 4 - (d)

Answer 1

2 - (b)

Explanation:

The shift in the Demand Curve - Increase/Decrease in the demand with respect to other factors other than price.

Movement along with the demand curve - Increase/Decrease in Price.