MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Money Supply and Inflation

When there is...

Question

When there is a decrease in demand, the demand curve _____.

A

shifts downwards towards the origin

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

moves upwards away from the x-axis

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

remains unchanged

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

none of the above

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C shifts downwards towards the origin
When there is a decrease in demand, the demand curve shifts downwards closer to the origin.

Suggest Corrections

thumbs-up

0

Similar questions

Q. When there is decrease in demand the demand curve _______.

Q. Give reasons or explain the following statements.

1. All desires are not demand.

2. Increase in demand indicates a rightward shift in the demand curve.

3. Demand curve slopes downward from left to right.

4. Demand for factors of production is derived demand.

Q. Which of the following will cause a decrease in the quantity demanded while leaving the demand unchanged?

[1 mark]

Q. If regardless of changes in its price, the quantity demanded of a good remains unchanged, then the demand curve for the good will be.

Q. When there is a change in demand leading to a shift of the Demand Curve to the right, at the same price as before, the quantity demanded will _______.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Money supply and inflation

ECONOMICS

Watch in App

explore_more_icon

Explore more

Money Supply and Inflation

Standard XII Economics

Join BYJU'S Learning Program

CrossIcon