What is the General shape of Demand curve ?
- Upward sloping straight line
- A line parallel to x-axis
- Generally downward sloping to all normal goods
- A line parallel to y-axis
The Correct Option is C
Solution and Explanation
Top Questions on Demand curve
Read the following statements carefully:
Statement 1: Ex-post savings and Ex-post investments are equal at all levels of income.
Statement 2: Under the effective demand principle, the equilibrium output is equal to ex-ante Aggregate Demand (AD). In the light of the given statements, choose the correct alternative from the following:- GATE XH-C1 - 2024
- Economics
- Demand curve
Read the following statements carefully:
Statement 1: Ex-post savings and Ex-post investments are equal at all levels of income.
Statement 2: Under the effective demand principle, the equilibrium output is equal to ex-ante Aggregate Demand (AD). In the light of the given statements, choose the correct alternative from the following:- GATE XH-C1 - 2024
- Economics
- Demand curve
- Define Effective Demand Principle.
- GATE XH-C1 - 2024
- Economics
- Demand curve
Read the following statements carefully:
Statement 1: Expost savings and Expost investments are equal at all levels of income.
Statement 2: Under the effective demand principle, the equilibrium output is equal to exante Aggregate Demand (AD). In the light of the given statements, choose the correct alternative from the following:- GATE XH-C1 - 2024
- Economics
- Demand curve
- Consider a duopoly market where Firm 1 and Firm 2 produce differentiated products such that the demand function of each firm is given by :
q1(p1, p2) = 18 - p1 + p2
q2(p1, p2) = 18 + p1 - p2
Here, q1 and q2 are the outputs produced by Firm 1 and Firm 2, respectively, and p1 and p2 are the corresponding per unit prices.
Cost of production for the ith firm is given by Ci(qi) = 2qi ∀ i = 1,2
The firms compete in prices. The price set by Firm 2 such that the market is in Nash equilibrium will be ________ (in integer).- GATE XH-C1 - 2024
- Macroeconomics
- Demand curve
Questions Asked in CUET exam
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Fill in the blank with the correct answer from the options given below- CUET (UG) - 2024
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- A molecule X associates in a given solvent as per the following equation:
X ⇌ (X)n
For a given concentration of X, the van’t Hoff factor was found to be 0.80 and the
fraction of associated molecules was 0.3. The correct value of ‘n’ is:- CUET (UG) - 2024
- Solutions
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List-I (Sentence) List-II (Idiom) (A) The officer tried to ______ his ideas with his superior by constantly praising. (I) put your nose to the grindstone (B) She realised that she was in the wrong and promised to ______. (II) read between the lines (C) You will do well at academics if you ______. (III) turn over a new leaf (D) A cryptic writing-style forces you to ______ the true meaning of the piece. (IV) curry favours - CUET (UG) - 2024
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- CUET (UG) - 2024
- Solutions