Home
Class 12
ECONOMICS
How will an increase in the price of pet...

How will an increase in the price of petrol affect the demand curve of a car?

Text Solution

Verified by Experts

The demand curve of a car will shift to the left.
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

How will an increse in the price of coffee affect the demand for tea? Explain with diagram

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. Due to rise in price of commodity x the demand of commodity y falls. W...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  5. What is meant by the law of demand?

    Text Solution

    |

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

    Text Solution

    |

  7. Define 'change in demand'.

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  11. Why market demand curve is flatter?

    Text Solution

    |

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

    Text Solution

    |

  13. Demand for a commodity refer to :

    Text Solution

    |

  14. Contraction of demand is the result of:

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  17. The law of Demand, assuming other things to remain constant, establish...

    Text Solution

    |

  18. If regardless of changes in its price, the quantity demanded of a good...

    Text Solution

    |

  19. Suppose the price of pepsi increases, we will expect the demand cur...

    Text Solution

    |

  20. All of the following items are determinants of demand except:

    Text Solution

    |