ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The demand curve shifts to the left if the determinant causes demand to drop. That means less of the good or service is demanded. That happens during a recession when buyers’ incomes drop. They will buy less of everything, even though the price is the same.

Detailed explanation-2: -Increase in demand indicates a rightward shift in the demand curve.

Detailed explanation-3: -Upward Movement indicates a decrease in demand, i.e., a decrease in demand due to a price increase. Downward Movement indicates an increase in demand, i.e., demand for the product or service rises as prices decrease.

Detailed explanation-4: -Answer and Explanation: A reduction in population implies that there are fewer individuals to demand commodities and services. This reduction in population will reduce demand and shift the demand curve in the leftwards direction.