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In case of Giffen goods, the demand cur...

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

A

horizontal.

B

downward-sloping to the right.

C

vertical

D

upward-sloping to the right.

Text Solution

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The correct Answer is:
d
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FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. With a fall in the price of a commodity:

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

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

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  4. Law of Demand is a :

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

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

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

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

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

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

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  11. Differentiate between Normal Goods and inferior Goods.

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  12. Differentiate between substitute goods and complementary goods.

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

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

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

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

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

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  18. State any three causes of a leftward shift of a demand curve of a comm...

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

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  20. Differentiate between increase in demand and expansion in demand (inc...

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