Download App

Theory of consumer behaviour — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsTheory of consumer behaviour1 Mark
Question
When does 'decrease' in demand take place?
✓

Answer

When there is decrease in demand due to a factor other than own price of the good or naming a factor like fall in price of substitute, etc.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "1 Marks Question" from Theory of consumer behaviour→Theory of consumer behaviour — all question types→Economics STD 11 Commerce question papers→CBSE Board STD 11 Commerce question papers→CBSE Board question paper generator→

Similar questions

Define microeconomics.
OR
Give the meaning of microeconomics.
→
Give one reason for a shift in demand curve.
→
Name the characteristic which makes monopolistic competition different from perfect competition.
→
Define marginal utility.
→
If the quantity supplied does not change at all as price changes, what will be the elasticity of supply?
→
Does a rise in price of other goods have the same effect on demand for a commodity?
→
What is shut down point?
→
Name the form of market in which there are only two firms producer in a market?
→
Unemployment is reduced due to the measures taken by the government. State its economic value in the context of production possibilities frontier.
→
What is meant by economising the use of resources?
→