Advertisements
Advertisements
Question
What does a downward movement along the same demand curve indicate?
Options
Increase in demand
Decrease in demand
Contraction in demand
Expansion in demand
Solution
Expansion in demand
APPEARS IN
RELATED QUESTIONS
An increase in the price of electricity, will curve the demand for electric appliances to ______.
The goods whose demand decreases as income increases.
Mr Vijay purchases 2 litres of milk per day when it is priced at ₹ 35 per litre. Suppose he has some guests at home and consequently he purchases 6 litres of milk on that day. What will you call it?
An increase in the price of electricity will cause an ______.
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?
What is decrease 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.
State two types of related goods.
