Home
Class 12
ECONOMICS
What is meant by demand ?...

What is meant by demand ?

Text Solution

Verified by Experts

Demand is a quantity of a commodity that a consumer wishes to purchase at a given level of price and during a specified period of time.
Promotional Banner

Topper's Solved these Questions

  • COST

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|137 Videos
  • ELASTICITY OF DEMAND

    FULL MARKS|Exercise NCERT TEXTBOOK QUESTIONS SOLVED|114 Videos

Similar Questions

Explore conceptually related problems

What is meant by the law of demand?

What is meant by expansion is demand ? Explain it with the help of a schedule and a diagram.

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. What do you mean by substitutes? Give examples of two goods which are ...

    Text Solution

    |

  2. What do you mean by complements? Give examples of two goods which are ...

    Text Solution

    |

  3. What is meant by demand ?

    Text Solution

    |

  4. Define market demand.

    Text Solution

    |

  5. Due to rise in price of commodity x the demand of commodity y falls. W...

    Text Solution

    |

  6. Due to rise in price of commodity x the demand of commodity y falls. W...

    Text Solution

    |

  7. How will an increase in the price of petrol affect the demand curve of...

    Text Solution

    |

  8. A fall in the income of the consumer leads to a rise in the demand for...

    Text Solution

    |

  9. What is meant by the law of demand?

    Text Solution

    |

  10. When the demand for a good rises due to a fall in its own price, what ...

    Text Solution

    |

  11. Define 'change in demand'.

    Text Solution

    |

  12. What causes an upward movement along a demand curve of a commodity?

    Text Solution

    |

  13. Give one reason for a shift in demand curve.

    Text Solution

    |

  14. What determines the quantity of a good that the buyers demand for?

    Text Solution

    |

  15. Why market demand curve is flatter?

    Text Solution

    |

  16. Ceteris Paribus, if the government provides subsidies on electricity b...

    Text Solution

    |

  17. Demand for a commodity refer to :

    Text Solution

    |

  18. Contraction of demand is the result of:

    Text Solution

    |

  19. All but one of the following are assumed to remain the same while draw...

    Text Solution

    |

  20. Which of the following pairs of goods is an example of substitutes ?

    Text Solution

    |