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Movements and shifts in demand curve

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Movements and shifts in demand curve

Posted by Venay Raj 7 years, 6 months ago

CBSE > Class 12 > Economics

1 answers

Pranoti Ghadge 7 years, 6 months ago

Movement in dmd(demand) curve 1)another name- change in quantity demand. 2)meaning-when the quantity dmd changes due to change in price keeping others factors constant. 3)effect on dmd curve-its leadz to expansion and cintration of dmd curve 4)reason -due to increase and decrese of own price.... Shift in dmd curve 1)Another name- change in dmd. 2)Meaning -when change in dmd due to any other factor keeping price of own good constant. 3)effect on dmd curve -it lead to shift of dmd curve rightwards and leftwards. 4)reason-due to change in other factors... Plz also draw diagram of above both it will give u 2 mks.... Plzz refer ncert book diagram is there of both.....

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