Home
Class 12
ECONOMICS
A new steel plant comes up in Jharkhand...

A new steel plant comes up in Jharkhand. Many people who were previously unemployed in the area are now employed. How will this affect demand curve for TV?

Text Solution

Verified by Experts

The demand curve for TV will shift towards right. It happens because of increase in the income of the people due to employment in new steel plant.
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

There are train and bus services between New Delhi and Jaipur. Suppose that the train fare between the two cities comes down. How will this affect demand curve for bus travel between the two cities?

FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
  1. Does a change in consumer's taste lead to a movement along the demand...

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

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

    Text Solution

    |

  8. In order to encourage tourism in Goa, Indian Airlines reduces the air ...

    Text Solution

    |

  9. There are train and bus services between New Delhi and Jaipur. Suppose...

    Text Solution

    |

  10. A good is an inferior good for one and at the same time a 'normal' goo...

    Text Solution

    |

  11. Normally a household will not buy a second-hand scooter even if the pr...

    Text Solution

    |

  12. Give reason that Law of demand does not hold true when the prices are ...

    Text Solution

    |

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

    Text Solution

    |

  14. Give one example when a consumer buys less of a commodity at the same ...

    Text Solution

    |

  15. When a good is called 'Substitute good'?

    Text Solution

    |

  16. Why market demand curve is flatter than individual demand curve ?

    Text Solution

    |

  17. Law of Demand is a :

    Text Solution

    |

  18. A good is an inferior good for one and at the same time a 'normal' goo...

    Text Solution

    |

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

    Text Solution

    |

  20. What is the impact of the following statements on the demand curve for...

    Text Solution

    |