Home
Class 12
ECONOMICS
When the demand for a good rises due to ...

When the demand for a good rises due to a fall in its own price, what is the change in demand called?

Text Solution

Verified by Experts

Expansion in demand.
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

The demand for good rises by 20 percent as a result of fall in its price elasticity of demand is (-) 0.8 . Calculate the percentage fall in price.

The demand for a good falls to 240 units is respone to rise in price by ₹ 2. if the original demand was 300 units at the price of ₹ 20, calculate price elasticity of demand.

price elasticity of demand of a good is -0.75. calculate the percentage fall in its price that will result in 15 per cent rise in its demand.

The demand for good rises by 20% as a result of fall in its price. Its P.e_(D)is (-) 0.8 . Calculate the percentage fall in price.

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. A fall in the income of the consumer leads to a rise in the demand for...

    Text Solution

    |

  2. What is meant by the law of demand?

    Text Solution

    |

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

    Text Solution

    |

  4. Define 'change in demand'.

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  8. Why market demand curve is flatter?

    Text Solution

    |

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

    Text Solution

    |

  10. Demand for a commodity refer to :

    Text Solution

    |

  11. Contraction of demand is the result of:

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  18. A movement along the demand curve for soft drinks is best described ...

    Text Solution

    |

  19. If the price of Pepsi decreases relative to the price of Coke and 7-UP...

    Text Solution

    |

  20. The price of tomatoes increases and people buy tomato puree. You infer...

    Text Solution

    |