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In order to encourage tourism in Goa, In...

In order to encourage tourism in Goa, Indian Airlines reduces the air fare to Goa. How will it affect market demand curve for air travel to Goa?

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There will be a downward movement along the same market demand curve (expansion in demand) for air travel to Goa. It happens because of decrease in the air fare.
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FULL MARKS-DEMAND -NCERT TEXTBOOK QUESTIONS SOLVED
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  2. Law of Demand is a qualitative statement. Comment.

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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  17. Law of Demand is a :

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

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

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

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