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Change in quantity demanded refers to:

A. Upward shift of the demand curve

B. Downward shift of the demand curve

C. Movement on the same demand curve

D. None of the above

Related Questions

  1. The MRTS along an iso-quant goes on to:
  2. In economics, Externality means:
  3. In Edgeworth model, if price falls below competitive price, the demand is:
  4. After reaching the saturation point consumption of additional units of the commodity cause:
  5. The elasticity of demand is equal to slope of demand function divided by:
  6. The number of sellers in oligopoly is:
  7. At final equilibrium in cournot model, each firm sells:
  8. Marginal cost is always:
  9. In discriminating monopoly (price discrimination), the elasticity of demand of product in two markets…
  10. Law of Diminishing Marginal Utility is practically untrue because:
  11. Ceteris paribus clause in the law of demand means:
  12. In sweezy model (kinked demand curve model), the role of MC curve:
  13. At high prices, demand is likely to be:
  14. In dominant price leadership model, the small firms are like:
  15. Under monopolistic competition, in long-run there is:
  16. Nash equilibrium says:
  17. Price discrimination occurs when:
  18. Excess capacity is concerned with the:
  19. Under perfect competition, at equilibrium, marginal cost is:
  20. While buying two goods X and Y with unequal prices, to maximize total utility from his income, a consumer…
  21. The market demand for any commodity is the:
  22. The long run average cost curve is the envelope of:
  23. In short-run, in monopolistic competition, a firm earns:
  24. According to the principle of substitution?
  25. When elasticity of demand is greater than one (e >1), then following the formula MR=P[1-1/e], the MR…
  26. Diminishing returns occur when a firm:
  27. A monopoly producer has:
  28. To calculate the Economic Profit we must deduct which of the following cost from our total revenues?
  29. According to M.Kalecki, the true measure of the degree of monopoly power is the:
  30. In an indifference curve diagram, when the price of a product increases, the decline in quantity demanded…

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