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: -The demand curve shifts when the quantity of a product or service demanded at each price level changes. If the quantity demanded at each price level increases, the demand curve shifts rightward. Inversely, if the quantity demanded at each price level decreases, the demand curve will shift leftward.

Detailed explanation-3: -Understanding the Demand Curve The demand curve will move downward from the left to the right, which expresses the law of demand-as the price of a given commodity increases, the quantity demanded decreases, all else being equal.

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: -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.