Home
Class 12
ECONOMICS
When total demand for a commodity whose...

When total demand for a commodity whose price has fallen increases, it is due to :

A

1.income effect

B

2.substitution effect

C

3.complementary effect

D

4.price effect

Text Solution

Verified by Experts

The correct Answer is:
d
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 initial demand for a commodity is 80 units, the demand falls by 4 units due to rise in price by ₹ 10 . If price elasticity of demand is 1.5 calculate the price before change in demand.

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. The price of tomatoes increases and people buy tomato puree. You infer...

    Text Solution

    |

  2. Potato chips and popcorn are substitutes.A rise in the price of potato...

    Text Solution

    |

  3. When total demand for a commodity whose price has fallen increases, i...

    Text Solution

    |

  4. With a fall in the price of a commodity:

    Text Solution

    |

  5. Goods that exhibit direct price-demand relationship are called:

    Text Solution

    |

  6. In case of Giffen goods, the demand curve will be :

    Text Solution

    |

  7. Law of Demand is a :

    Text Solution

    |

  8. When income of the consumer falls the impact on price-demand curve of ...

    Text Solution

    |

  9. If due to fall in the price of good X, demand for good Y rises, the t...

    Text Solution

    |

  10. Does a rise in price of other goods have the same effect on demand for...

    Text Solution

    |

  11. Does a fall in income have the same effect on demand for the given c...

    Text Solution

    |

  12. What is the relation between good x and good y in each case, if with a...

    Text Solution

    |

  13. Giving reasons, state the following statements are true or false: ...

    Text Solution

    |

  14. Differentiate between Normal Goods and inferior Goods.

    Text Solution

    |

  15. Differentiate between substitute goods and complementary goods.

    Text Solution

    |

  16. Explain law of demand with the help of a demand schedule.

    Text Solution

    |

  17. Law of demand is one sided. It explains only the effect of change in p...

    Text Solution

    |

  18. State any three causes of a rightward shift of a demand curve of a com...

    Text Solution

    |

  19. State any three factors which lead to increase in demand.

    Text Solution

    |

  20. Under what conditions a consumer would like to demand less at a given...

    Text Solution

    |