ECONOMICS (CBSE/UGC NET)

ECONOMICS

DEMAND

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When the fidget spinner was popular, how did this affect the demand for the fidget spinner?
A
increase in demand, curve shifts to the right
B
increase in quantity demanded, curve shifts to the right
C
decrease in demand, curve shifts to the left
D
decrease in quantity demanded, movement along the curve.
Explanation: 

Detailed explanation-1: -The toy has been promoted as helping people who have trouble focusing or those who may need to fidget to relieve nervous energy, anxiety, or psychological stress. There are claims that a fidget spinner can help calm down people who have anxiety or neurodivergences, like ADHD and autism.

Detailed explanation-2: -Fidget spinners are advertised to increase concentration and attention to academic tasks. Past research suggests that hyperactive movements, such as fidgeting, improve performance on attention tasks in children with attention-deficit/hyperactivity disorder (ADHD).

Detailed explanation-3: -in the classroom, the demand, supply, price and quantity of fidget will all increase.

Detailed explanation-4: -Toy manufacturers lacked innovative skills. For seven months, they expected children to mindlessly spend their lives twirling these devices on their fingers and eventually faced an absolute truth: children get bored. The Fidget Spinner didn’t live up to their expectations.

There is 1 question to complete.