Theory of demand
Across
- 6. A pair of goods that can be used in place of each other to satisfy a given want
- 9. The demand for these goods falls with the rise in income of a consumer
- 11. ______ of demand leads to upward movement along the demand curve from right to left
- 13. Precious diamonds and vintage cars are examples of ________ goods
- 14. A tabular statement showing different quantities of a commodity demanded at different prices
- 15. Quantity of a commodity that a consumer is willing to purchase at a given price during a given period of time
Down
- 1. ______ in demand leads to leftward shift in demand curve
- 2. ______ goods are highly inferior goods which defy law of demand
- 3. Substitute goods have____ demand
- 4. Tennis rackets and tennis balls are examples of ______ goods
- 5. Relation between price of substitute goods and demand for the given good
- 7. ______ effect is the effect of change in price of commodity-X on demand for commodity-Y when X and Y are related goods
- 8. Relation between price of a commodity and its demand
- 10. Market demand curve is ______ than the individual demand curves
- 12. The demand for these goods rises with the rise in income of a consumer