A shift in the demand curve indicates
...A shift in the demand curve indicates
Exceptional demand
Change in demand
Change in quantity demanded
Elasticity of demand
Correct answer is B
A shift in the demand curve means that other determinants of demand other than price causes demand to change. They include changes in tastes, population, income, prices of substitute or complementary goods, and expectations about future conditions and prices. This is usually an indication of a change in demand.
A change in demand describes a shift in consumer desire to purchase a particular good or service, irrespective of the price difference.
To finance a deficit balance of payment, a country may decide to ...
The stock exchange is an example of the ...
The most important quality of money is that it must be ...
Petroleum 'glut' in international trade means ...
A demand schedule shows the quantities of goods that are ...
A firm operating at full capacity will experience rising short-run total costs when ...
When the government fix the price of essential commodities, this is referred to as ...