Question

8. The demand for a good moves in the _____________ direction of its price.

Answer 1

Increases in demand are shown by a shift to the right in the demand curve. This could be caused by a number of factors, including a rise in income, a rise in the price of a substitute or a fall in the price of a complement.

Answer 2

→ The demand for goods moves in the opposite direction of its price .

According to law of demand.

Other things remain constant there is an inverse relation between the price and quantity of the goods.

On the increase of quantity the price will decrease and vice versa.

There are some exceptions also

• Article of distinction

• Giffen goods

• Irrational Judgement .

All these' quantity have positive relations with price .