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Byju's Answer
Standard XII
Economics
Money Supply and Inflation
When demand i...
Question
When demand increases, the demand curve shifts to the left.
A
True
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B
False
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Solution
The correct option is
B
False
Demand increases when price remains constant and other factors change.
For example if the income of the consumer increases, his demand will increase as a result the demand curve shifts to the right.
When demand for a good decreases say with the fall in income, the demand curve will shift to the left.
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Similar questions
Q.
State whether the following statement are TRUE and FALSE
1. Demand curve slopes upward from left to right.
2. Desire means demand.
3. When demand increases, the demand curve shifts to the left.
4. Quantity demanded varies directly with price.
5. Law of demand is explained by Prof. Robbins.
6. Individual demand is a demand by single buyer.