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Demand Movements And Shifts In Demand Curve Free Doubts and Solutions

CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What are the effects of change in quantity demand and change in demand?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Give the meaning of the following: i. Income effect ii. Substitution effect 

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

If the price of petrol increases and the price of car remain constant, how would the consumer react to that situation?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Explain the demand for a good in relation to price of the substitute good with diagrams?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What is cross price effect?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

In which type of goods, the demand increases even when income of the buyer reduces?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What are normal goods?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What are the factors responsible for the downward sloping demand curve?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Why does demand curve slope downwards?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What are the assumptions of law of demand?

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Define law of demand.

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Differentiate between increase in demand and increase in quantity demanded of a good.

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Name any two determinants of demand.

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

Define demand curve.

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CBSE - XII Commerce - Microeconomics - Theory of Consumer Behaviour

What is meant by demand?

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