ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The curve shifts to the right if the determinant causes demand to increase. This means more of the good or service are demanded even though there’s no change in price. When the economy is booming, buyers’ incomes will rise. They’ll buy more of everything, even though the price hasn’t changed.

Detailed explanation-2: -To sum up, if the income level of a population increases, the demand curve will shift to the right, since there is more quantity of demand at every price point. The opposite will happen if the income level drops. Now there will be less money to spend, and the demand curve will shift to the left.

Detailed explanation-3: -Rise in the price of substitute goods result in increase in demand of the given commodity, price of the commodity remaining same and hence the demand curve shifts in the rightward direction.

Detailed explanation-4: -A decrease in the price of a complementary product will result in a rightward change in the demand curve.

Detailed explanation-5: -If the demand curve shifts to the right, demand increases, leading to a higher equilibrium price. A shift to the right would result in a rise to the equilibrium, meaning higher prices.