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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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