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Q. 5. Observe the following table and answer the   3) Explain the diagrams :
            following questions :                                             A)                  B)
                          Quantity demanded                       Y                       Y

                                                 Market                D                        D
              Price    Con-     Con-     Con-
             per kg.  sumer    sumer    sumer    demand         Price in `  P  a        Price in `  P 2  a
                                                 (in kgs)
               in `      A       B        C                                b                       b
                                                 (A+B+C)         P 1           D         P             D
                25      16       15       12
                                                                  0    Q   Q 1    X       0    Q 2  Q     X
                30      12       11       10
                                                              Quantity Demanded in kgs     Quantity Demanded in kgs
                35      10       09       08                                  A)                  B)

                40      08       06       04                    1)  Diagram A           1)  Diagram B
                                                                   represents ...... in     represents ....... in
              a)  Complete the market demand schedule.             demand                  demand

              b)  Draw market  demand  carve  based on above     2)  In diagram A        2)  In diagram B
                 market demand schedule.                           movement of             movement of
            2) Observe the given diagram and answer the            demand curve            demand curve
            following questions :                                  is in ...... direction     is in ...... direction

                                                              Q. 6. Answer in detail :
                          Y
                                 D
                                                                1)  State  and explain  the  law of demand  with
                              D 2    D 1
                                                                   exceptions.
                        Price in `  P       D 1                 2)  Explain in detail the determinants of demand.


                                      D 2  D                                                          
                          0    Q 2  Q  Q 1  X
                            Quantity Demanded in kgs
              1)  Rightward shift in demand curve ............

              2)  Leftward shift in demand curve ............
              3)  Price remains ..........
              4)  Increase and decrease in demand comes
                 under..........

























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