Home
Class 12
ECONOMICS
Change in quantity demanded means an inc...

Change in quantity demanded means an increase and decrease in demand and Change in demand curve means expansion and contraction in demand.

Text Solution

Verified by Experts

The correct Answer is:
False
Change in quantity demanded means expansion and contraction in demand and change in demand curve means increase and decrease 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

Differentiate between decrease in demand and contraction in demand (decrease in quantity demanded).

Define 'change in demand'.

Differentiate between increase in demand and expansion in demand (increases in quantity demanded).

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. Law of demand happens due to application of law of diminishing margin...

    Text Solution

    |

  2. Law on demand explains quanūtauve relationship between price and quant...

    Text Solution

    |

  3. Change in quantity demanded means an increase and decrease in demand a...

    Text Solution

    |

  4. With a fall in income, demand for normal goods will rise.

    Text Solution

    |

  5. With the rise in price, quantity demanded for the goods falls and it i...

    Text Solution

    |

  6. If price of substitute goods falls, demand for related goods will also...

    Text Solution

    |

  7. If income of the buyer decreases, demand for inferior goods decreases.

    Text Solution

    |

  8. If indian Airlines reduce fares from Delhi to Mumbai, demand curve fo...

    Text Solution

    |

  9. Explain with the help of diagrams, the effect of the following changes...

    Text Solution

    |

  10. Explain with the help of diagrams, the effect of the following changes...

    Text Solution

    |

  11. Explain the effect of the following on demand for a good: (i) Rise i...

    Text Solution

    |

  12. Explain the effect of the following on demand for a good: (i) Fall i...

    Text Solution

    |

  13. What does downward movement along the demand curve indicate?

    Text Solution

    |

  14. Does a change in consumer's taste lead to a movement along the demand...

    Text Solution

    |

  15. Law of Demand is a qualitative statement. Comment.

    Text Solution

    |

  16. According to law of demand by increasing the price of a good its deman...

    Text Solution

    |

  17. What policy initiatives can be government undertake to increase the ...

    Text Solution

    |

  18. Demand for electricity has increased. However supply cannot be incre...

    Text Solution

    |

  19. Even the price of petrol is very high but still its demand is very hig...

    Text Solution

    |

  20. A new steel plant comes up in Jharkhand. Many people who were previo...

    Text Solution

    |