wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

When there is decrease in demand the demand curve _______.

A
moves downwards towards the axis
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
B
moves upwards away from the 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 A moves downwards towards the axis
If there is a decrease in quantity demanded with prices remaining same. Then the curve will shift left and downwards towards the axis.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
The Buyer’s Problem
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon