M T W I E
Page No.: SS
Date: YOUVA
2n/o3/24 Mouemenk Albng the demad cune
bhun the angank of Quantiky dananded changes either increoses
OY decresses as esall in_its
change
prie, while athsr delerminants (allthe lo) remains constort
Tt can be o 2
QEgjahcion a demand- ahen the quanhly demanded of aa
comodity rises due to fall in its oun price oher
octorsremaining conctat this is knouh ar tores inoregle
oY epansion o demand
Adocmud maement along the demand
Cuve is called rise in quahity denande
A Expanson
A
Qunthy [Link]
n the above Curve when he price iS Rquantihydemanded
is Q. ,No if he price of the g comamotity Jalls to
a then quanthy demaunded inCresses to Qe. This movebmend
in he douad directon. Oh te demand Curve is
kngn as Setension o demuand.
(2) Cortracton gf de nand when the quantihy demandad qa
decreases due to rise in it
comadihy
OBhier focors remaining coreont is called as fall n quonty
demanded or contachon of clem.
M T W TF S S
Page No.:
YOUVA
Date:
An upuad itmgemenk: alangi the sdemand Cunv is called
deoreose in quantiky demanded
Decrease auontily demonded
Quontity Dermonde
Jhen the rie
he ice of the commodity riaes to 3 the
demanded falls
the Upsbrd directon is kroun as Controction of demand
4.
M T W
Page No.:
Date:
YOUVA
MovEMENT ALONG THE DMAND. CuRE
asle known change ih guatity denonded
Due to change ih price
(other focto
foctors consant)
Expansion of Demand
’ Decreoße in pice
Conraion
’
ot demand
in Quanhty denanded Increase jn price
’ Causes dounward movement Decreuse in Quathy dea
Canser upwoe
dlong Hhe denond ae.
along he demandDagvement Cwrve
Change in demmandalso knon'
Also knounas shit in _demand cur
Caubes due to change in otherfackos
(Arice of Qwn CO mmod1tg remains Constant)
ncreose in demand Decxease in demand
’ knon as
leftwae sht
as
’ demond ncreases due to ’Nerand deareses
sange in oHer factos
change ]ndicoter a Smaller Qmount
’JndicoBes a lovqer amount purchese d ot Suvey foia
in purchcsed at Suvey
price
MT WT F
Page No:
YOUVA
Date
n demand
2
Change
he amount purchaied
in is afiacommoclty
deteminants othe
tises
or falls beeaue
than t oun price of the
comnodihy.
Cange in demand is o kos typuei
ne in demad i. It refersto.a stuation hen a consunogr
amount o the ca hediy a he same price
bacause of honge in he faakor (detecainantr cher tan te
Hhe cotmmodiky
Jcrease in derand Can hanan because f increaAe in bnemag
ang change in taste and prefecences y change in prioe of
velaBed good> inereaye in papulation tnc e
D, Rintt word shft.
Az
Price
Quo hly donanded
When o cammadity is the demamded is
eng na chage in te peie he cohsuumnex shs towarcs kight
point A On demand Curve Bo;D this shows
AUnEwand sht in te deand Curve becauuse of chane in
elors afeing demand.
M
W TFS
Page No.:
Date:
YOUVA
4 Jecyesse in detmdod Tt yefex to a situaion When con
Smalle. quanthy [Link] ot he
Same-price becauáe o cháng in ohr jacos (atBher hn
We drau the denandcore on the ssumption tho
Cueryhing Ceent price remainsConstovt any changei
these foctos [Link] a change in the cntredeand
Cuve,i
Pride
Lehard shit
Quontty denondad
when the pnice Conanodity ie te quanthy
demanded is Qa at the paint Azi oh. te demand
Curve)a - , At giuen priee
price he Conguner
ho
chang in
shits touado he lafk at aint4
he
He demand Curve Di- this shos a lef sael shift
in demand
M W
Paqe io.
YOUVA
0ate
Difference letueen
) Exponsion. cf demandand. hcreasein demand
Expansionof demad Increobe. in denAnd
)TE refes to incrODAe in ,
I*efes to incrope in denmand de
quantity demianded due to changer in sthefotoxs oher
togall in theriee of thoi te an pnce
Exnansion fdenond is Increase in demand et is due
due to fall in the oun to chnge ater foctos affectig
derand.
3Tt inuolves a dounad It inuoles Yightusard shift
moveiment ofthe denmond in the enire denand Curve
Cuve
Contrtion demand nd Decrcose in .demand
Contration in demand Decrease in demand
)TE refersto deoresge
Acreae in Itveferstodecreose ndemand
de manded due to. due to changer in the factovs
rise in the pice o oheythan theQun nrice
comndity
)Contraehion o demand is Jeciecse in demand is due
due to rige in theoUn to change in oter fockors
peieg of tHe the comapdy afecing demand.
3) Itnvolyesa unard It inuoves q left uand shl
movemement along the deond Cume In e Gntre dencnd Cuw ve.
