RISE AND FALL IN DEMAND (Change In Demand)

by • 19/06/2011 • B.COM PART 1 EconomicsComments (3)1042

When change in demand occurred by other factors than price will be called as rise and fall in demand. Those factors may be change in income, fashion, population, etc. Following changes are explained as under:

  • Rise In Demand:

When price of any commodity not change, but unity of demand change, means increases, that will be called as “ Rise in demand”.

Schedule Showing “ Rise In Demand” :

Price Quantity Demanded
Rs. 10 Per Kg 100 Kg
Rs. 10 Per Kg 200 Kg
Rs. 10 Per Kg 300 Kg
Rs. 10 Per Kg 400 Kg
Rs. 10 Per Kg

500 Kg

  • Fall In Demand:

When price of any commodity remain unchanged, but quantity of demand decreases, so this change in demand is known as fall in demand.

Schedule Showing “ Fall In Demand” :

Price

Quantity Demanded

Rs. 10 Per Kg

400 Kg

Rs. 10 Per Kg

300 Kg

Rs. 10 Per Kg 200 Kg
Rs. 10 Per Kg 100 Kg
Rs. 10 Per Kg

50 Kg

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3 Responses to RISE AND FALL IN DEMAND (Change In Demand)

  1. haseeb says:

    excellent

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